1. Except as otherwise provided in this chapter, the provisions of NRS 165.1204 apply to a testamentary trust.
2. Except as otherwise provided by the will creating a testamentary trust or by a court order, until the termination of a testamentary trust, the trustee shall account for the income and principal of a testamentary trust in the same manner as required by a trustee of a nontestamentary trust pursuant to NRS 165.1201 to 165.148, inclusive.
(Added to NRS by 2015, 3556)
Structure Nevada Revised Statutes
Chapter 165 - Trustees’ Accounting (Uniform Act)
NRS 165.020 - Definitions; applicability of chapter.
NRS 165.030 - Request for list of assets of trust estate.
NRS 165.1201 - Applicability to testamentary trusts; general duties of trustee.
NRS 165.1204 - Applicability to nontestamentary trusts; general duties of trustee.
NRS 165.1207 - Requirements for satisfying duty to account; persons entitled to receive account.
NRS 165.121 - Waiver of right to receive account.
NRS 165.135 - Form and contents of account.
NRS 165.148 - Personal liability of trustee for failing to provide account; exceptions.
NRS 165.149 - Limitations on duties and liability of person with power of appointment.
NRS 165.150 - Duties of clerks and courts.
NRS 165.170 - Power of beneficiary.
NRS 165.180 - Accountability of trustees at other times.
NRS 165.200 - Penalties for violation of chapter.