Nevada Revised Statutes
Chapter 162A - Power of Attorney for Financial Matters and Durable Power of Attorney for Health Care Decisions
NRS 162A.520 - Banks and other financial institutions.


1. Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to banks and other financial institutions authorizes the agent to:
(a) Continue, modify and terminate an account or other banking arrangement made by or on behalf of the principal;
(b) Establish, modify and terminate an account or other banking arrangement with a bank, trust company, savings and loan association, savings bank, credit union, thrift company, brokerage firm or other financial institution selected by the agent;
(c) Contract for services available from a financial institution, including renting a safe deposit box or space in a vault;
(d) Withdraw, by check, order, electronic funds transfer or otherwise, money or property of the principal deposited with or left in the custody of a financial institution;
(e) Receive statements of account, vouchers, notices and similar documents from a financial institution and act with respect to them;
(f) Enter a safe deposit box or vault and withdraw or add to the contents;
(g) Borrow money and pledge as security personal property of the principal necessary to borrow money or pay, renew or extend the time of payment of a debt of the principal or a debt guaranteed by the principal;
(h) Make, assign, draw, endorse, discount, guarantee and negotiate promissory notes, checks, drafts and other negotiable or nonnegotiable paper of the principal or payable to the principal or the principal’s order, transfer money, receive the cash or other proceeds of those transactions, and accept a draft drawn by a person upon the principal and pay it when due;
(i) Receive for the principal and act upon a sight draft, warehouse receipt or other document of title whether tangible or electronic, or other negotiable or nonnegotiable instrument;
(j) Apply for, receive and use letters of credit, credit and debit cards, electronic transaction authorizations and traveler’s checks from a financial institution and give an indemnity or other agreement in connection with letters of credit; and
(k) Consent to an extension of the time of payment with respect to commercial paper or a financial transaction with a financial institution.
2. An agent who is not the spouse of the principal must not be listed on any account as a cosigner with right of survivorship, but must be listed on the account solely as power of attorney.
(Added to NRS by 2009, 186)

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 162A - Power of Attorney for Financial Matters and Durable Power of Attorney for Health Care Decisions

NRS 162A.010 - Definitions.

NRS 162A.020 - "Acknowledged" defined.

NRS 162A.030 - "Agent" defined.

NRS 162A.040 - "Durable" defined.

NRS 162A.050 - "Electronic" defined.

NRS 162A.060 - "Good faith" defined.

NRS 162A.070 - "Incapacity" defined.

NRS 162A.075 - "Nondurable" defined.

NRS 162A.080 - "Person" defined.

NRS 162A.090 - "Power of attorney" defined.

NRS 162A.100 - "Presently exercisable general power of appointment" defined.

NRS 162A.110 - "Principal" defined.

NRS 162A.120 - "Property" defined.

NRS 162A.130 - "Record" defined.

NRS 162A.140 - "Sign" defined.

NRS 162A.150 - "State" defined.

NRS 162A.160 - "Stocks and bonds" defined.

NRS 162A.200 - Applicability.

NRS 162A.210 - Power of attorney is durable; exceptions.

NRS 162A.220 - Execution of power of attorney; certification of competency of principal required under certain circumstances; certain persons not to be named as agent; exceptions; penalty for misuse of power of attorney.

NRS 162A.230 - Validity of power of attorney.

NRS 162A.240 - Meaning and effect of power of attorney.

NRS 162A.250 - Nomination of guardian of estate; relation of agent to court-appointed guardian.

NRS 162A.260 - Time at which power of attorney is effective.

NRS 162A.270 - Termination of power of attorney or authority of agent.

NRS 162A.280 - Co-agents and successor agents.

NRS 162A.290 - Reimbursement of agent.

NRS 162A.300 - Agent’s acceptance of appointment.

NRS 162A.310 - Duties of agent.

NRS 162A.320 - Exoneration of agent.

NRS 162A.330 - Judicial relief.

NRS 162A.340 - Liability of agent.

NRS 162A.350 - Resignation of agent; notice.

NRS 162A.360 - Acceptance of and reliance upon acknowledged power of attorney.

NRS 162A.370 - Liability for refusal to accept acknowledged power of attorney.

NRS 162A.380 - Principles of law and equity.

NRS 162A.390 - Laws applicable to financial institutions and entities.

NRS 162A.400 - Remedies under other law.

NRS 162A.450 - Grant of specific authority.

NRS 162A.460 - Grant of general authority; incorporation of authority; authority of principal to act continues after execution.

NRS 162A.470 - Construction of authority generally.

NRS 162A.480 - Real property.

NRS 162A.490 - Tangible personal property.

NRS 162A.500 - Stocks and bonds.

NRS 162A.510 - Commodities and options.

NRS 162A.520 - Banks and other financial institutions.

NRS 162A.530 - Operation of entity or business.

NRS 162A.540 - Insurance and annuities.

NRS 162A.550 - Estates, trusts and other beneficial interests.

NRS 162A.560 - Claims and litigation.

NRS 162A.570 - Personal and family maintenance.

NRS 162A.580 - Benefits from governmental programs or civil or military service.

NRS 162A.590 - Retirement plans.

NRS 162A.600 - Taxes.

NRS 162A.610 - Gifts.

NRS 162A.620 - Power of attorney.

NRS 162A.650 - Uniformity of application and construction.

NRS 162A.660 - Relation to Electronic Signatures in Global and National Commerce Act.

NRS 162A.700 - Applicability.

NRS 162A.710 - Definitions.

NRS 162A.720 - "Attending physician" defined.

NRS 162A.730 - "Declaration" defined.

NRS 162A.740 - "Health care facility" defined.

NRS 162A.745 - "Intellectual disability" defined.

NRS 162A.750 - "Life-sustaining treatment" defined.

NRS 162A.760 - "Provider of health care" defined.

NRS 162A.770 - "Qualified patient" defined.

NRS 162A.780 - "Terminal condition" defined.

NRS 162A.790 - Execution of power of attorney; acknowledgment; witnesses; certification of competency required for certain principals; validity of power of attorney executed outside this State.

NRS 162A.800 - Nomination of guardian of person; relation of agent to court-appointed guardian; duties of guardian.

NRS 162A.810 - Time at which power of attorney is effective.

NRS 162A.815 - Acceptance and reliance upon acknowledged power of attorney.

NRS 162A.820 - Termination of power of attorney or authority of agent.

NRS 162A.830 - Co-agents and successor agents.

NRS 162A.840 - Persons not eligible for designation as agent.

NRS 162A.850 - Agents: Prohibited acts; decisions concerning use or nonuse of life-sustaining treatment.

NRS 162A.860 - Power of attorney: Form.

NRS 162A.865 - Power of attorney for adult with intellectual disability: Form.

NRS 162A.870 - Power of attorney for adult with dementia: Form.