1. If the sale of securities is authorized by will or by consent of the devisees or heirs to whom the securities are to be distributed, the securities may be sold without notice, and title passes without confirmation, if the securities are sold upon an established securities exchange.
2. All other securities may be sold upon obtaining an order of the court. Upon the filing of a petition requesting such an order, the clerk shall set the matter for hearing and the petitioner shall give notice for the period and in the manner required by NRS 155.010, but the court may shorten the period or dispense with notice.
[152:107:1941; 1931 NCL § 9882.152]—(NRS A 1999, 2318)
Structure Nevada Revised Statutes
Chapter 148 - Sales, Conveyances and Exchanges
NRS 148.060 - Confirmation of sale: Report; petition; notice.
NRS 148.070 - Written objection: Hearing; proof of notice.
NRS 148.080 - Sales under direction of will.
NRS 148.090 - Petition for order requiring sale.
NRS 148.100 - Neglect or misconduct of personal representative.
NRS 148.120 - Division of commission upon confirmation of highest bid.
NRS 148.130 - Sale of property subject to mortgage or other lien.
NRS 148.140 - Disposition of proceeds of sale.
NRS 148.150 - Right of holder of lien on property to purchase it; receipt as payment pro tanto.
NRS 148.160 - Sale of equity of estate in property: Procedure.
NRS 148.170 - Sale of perishable and depreciating property.
NRS 148.190 - Sale of other personal property: Publication; description of property; inspection.
NRS 148.210 - Interests in partnerships.
NRS 148.230 - Public auction; postponement of sale.
NRS 148.280 - Conveyances after confirmation of sale.
NRS 148.300 - Failure of purchaser to complete sale.
NRS 148.310 - Fraudulent sale: Penalty.
NRS 148.320 - Periods of limitation.
NRS 148.340 - Sale subject to claims; bond of purchaser.
NRS 148.350 - Assignment after confirmation.
NRS 148.360 - Petition for sale: Notice.
NRS 148.370 - Hearing; order authorizing sale.
NRS 148.380 - Additional bond of personal representative; agreement or option to purchase.
NRS 148.390 - Failure to comply with agreement or option.
NRS 148.400 - Procedure after compliance with agreement or option to purchase.
NRS 148.420 - Authorization of conveyance.
NRS 148.430 - Petition and notice.
NRS 148.440 - Hearing and order.