Nevada Revised Statutes
Chapter 143 - Powers and Duties of Personal Representatives
NRS 143.465 - Modification of terms of obligation to or in favor of decedent.

The personal representative who has limited authority or full authority has the power to extend, renew or in any manner modify the terms of an obligation owing to or in favor of the decedent or the estate.
(Added to NRS by 2011, 1442)

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 143 - Powers and Duties of Personal Representatives

NRS 143.010 - Multiple personal representatives: Effect of absence, legal disability or conflict of interest; sufficiency of acts of majority.

NRS 143.020 - Right to possession of decedent’s property.

NRS 143.030 - Duty to take possession of estate and collect debts; exception for certain assets held by guardian.

NRS 143.035 - Duty to use reasonable diligence; report required if estate not closed within certain times; hearing and determinations by court.

NRS 143.037 - Duty to close estate within 18 months after appointment; exceptions.

NRS 143.040 - Rights of surviving partner.

NRS 143.050 - Continuing business of decedent; exception; prohibition on separate compensation for continuing business.

NRS 143.060 - Extent of power to sue and be sued.

NRS 143.065 - Statute of limitations for cause of action of decedent.

NRS 143.070 - Actions by personal representative for conversion or trespass.

NRS 143.080 - Actions against personal representative for conversion or trespass.

NRS 143.090 - Action on bond of former personal representative.

NRS 143.100 - Action for conversion before letters granted.

NRS 143.110 - Procedure when conversion alleged: Citation; examination; allowance of necessary expenses.

NRS 143.120 - Procedure when conversion alleged: Commitment for refusal to appear for examination; order requiring delivery of property to personal representative.

NRS 143.130 - Accounting by person holding assets of estate for personal representative; penalty for failure or refusal to comply with order.

NRS 143.140 - Discharging debtor of estate, compromising claims and renewing obligations: Procedure.

NRS 143.150 - Action to recover fraudulently conveyed property for benefit of creditors.

NRS 143.160 - Costs; disposal of property recovered; proceeds.

NRS 143.165 - Ex parte order to restrain personal representative from performing administration, disbursement or distribution of estate: Issuance; hearing; notice; termination; prohibition on bond requirement in certain circumstances.

NRS 143.170 - Purchase of property of estate by personal representative.

NRS 143.175 - Power to make certain investments.

NRS 143.180 - Power to make loans, advances of credit and other investments insured by Federal Housing Administrator; validation of loans, advances of credit and purchases of obligations made before October 1, 1999.

NRS 143.185 - Power to invest in farm loan bonds and other obligations issued by federal land banks and banks for cooperatives.

NRS 143.187 - Power to hold stock in name of nominee; personal liability of personal representative.

NRS 143.190 - Cumulative method of service of process on personal representative; written statement containing permanent address of personal representative to be filed with clerk.

NRS 143.200 - Actions not to abate on death, disqualification, resignation or removal of personal representative; substitution of successor.

NRS 143.210 - Necessary parties to actions.

NRS 143.300 - Short title.

NRS 143.305 - Definitions.

NRS 143.310 - "Court supervision" defined.

NRS 143.315 - "Full authority" defined.

NRS 143.320 - "Limited authority" defined.

NRS 143.325 - Applicability.

NRS 143.330 - Effect of provision in will that prohibits independent administration of estate.

NRS 143.335 - Independent administration of estate by special administrator.

NRS 143.340 - Personal representative required to petition for full or limited authority to administer estate.

NRS 143.345 - Notice of hearing on petition; persons required to receive notice; contents.

NRS 143.350 - Court authorized to grant requested authority; exceptions.

NRS 143.352 - Acceptance of or refusal to accept letters of administration or letters testamentary.

NRS 143.355 - Amount of bond of personal representative.

NRS 143.360 - Petition for modification or revocation of authority of personal representative; notice; court order.

NRS 143.365 - Authority to administer estate without court supervision; request for court supervision.

NRS 143.370 - Court approval or supervision required for certain actions; exceptions.

NRS 143.372 - Documents to be presented before transfer of property according to court order; compliance or refusal to comply with court order.

NRS 143.375 - Powers of personal representative granted independent administration authority.

NRS 143.380 - Sale of property of estate; requirements relating to consent and court confirmation of sales.

NRS 143.400 - Requirements for exercise of powers by personal representative.

NRS 143.405 - Sale or exchange of real property.

NRS 143.410 - Sale or incorporation of business or joint venture.

NRS 143.415 - Abandonment of tangible personal property.

NRS 143.420 - Power to borrow and to encumber property of estate.

NRS 143.425 - Grant of option to purchase real property of estate.

NRS 143.430 - Transfer of property to person exercising option to purchase provided in will.

NRS 143.435 - Conveyance or transfer of real or personal property under certain circumstances.

NRS 143.440 - Determination of claims to property.

NRS 143.445 - Disclaimers.

NRS 143.450 - Preliminary distributions authorized under certain circumstances.

NRS 143.455 - Actions concerning claims by, for the benefit of, or against the estate.

NRS 143.460 - Commencement and defense of certain actions and proceedings.

NRS 143.465 - Modification of terms of obligation to or in favor of decedent.

NRS 143.500 - Exercise of powers by personal representative; exceptions.

NRS 143.505 - Management and control of estate property.

NRS 143.510 - Power to enter contracts without notice; exception.

NRS 143.515 - Deposit and investment of money of estate.

NRS 143.520 - Continuation of partnership or other business.

NRS 143.525 - Payment of family allowance.

NRS 143.530 - Lease of property of estate.

NRS 143.535 - Sale or exchange of personal property.

NRS 143.540 - Grant of exclusive right to sell property.

NRS 143.600 - Exercise of powers by personal representative.

NRS 143.605 - Additional powers of personal representative.

NRS 143.610 - Conveyance or transfer of property under certain circumstances.

NRS 143.615 - Payment of taxes, assessments and expenses.

NRS 143.620 - Purchase of annuity under certain circumstances.

NRS 143.625 - Exercise of option.

NRS 143.630 - Purchase of securities or commodities to perform incomplete contract of sale.

NRS 143.635 - Holding securities in name of nominee or in any other form for certain purposes.

NRS 143.640 - Exercise of security subscription or conversion rights.

NRS 143.645 - Repairs and improvements to property of estate.

NRS 143.650 - Acceptance of deed or deed of trust in lieu of foreclosure or trustee’s sale.

NRS 143.655 - Partial satisfaction of mortgage or partial reconveyance under deed of trust.

NRS 143.700 - Circumstances pursuant to which notice of proposed action is required or authorized.

NRS 143.705 - Persons to whom notice of proposed action is required to be given.

NRS 143.710 - Consent to proposed action.

NRS 143.715 - Waiver of notice for particular proposed action; general waiver of notice of proposed action.

NRS 143.720 - Revocation of consent to proposed action or waiver of notice of proposed action.

NRS 143.725 - Contents of notice of proposed action.

NRS 143.730 - Requirements for delivery of notice of proposed action.

NRS 143.735 - Objection to proposed action; requirements for delivery; form; notice of objection to personal representative.

NRS 143.740 - Restraining order prohibiting proposed action without court supervision; notice of restraining order to personal representative.

NRS 143.745 - Court authorization or confirmation required if personal representative receives notice of objection or of restraining order.

NRS 143.750 - Effect of failure to object to proposed action; court review of action by personal representative under certain circumstances.

NRS 143.755 - Failure of personal representative to comply with certain requirements; validity of actions taken without such compliance.

NRS 143.760 - Court authorized to remove personal representative from office under certain circumstances.

NRS 143.800 - Letters testamentary or letters of administration.

NRS 143.805 - Notice of proposed action.

NRS 143.810 - Objection to proposed action.

NRS 143.815 - Consent to proposed action.