1. The trustee of a nontestamentary trust has a duty to account for the trust estate in accordance with the provisions of NRS 165.1201 to 165.148, inclusive.
2. The trustee of a nontestamentary trust shall satisfy the duty to account by delivery of an account in the form, manner and to the persons as required by the terms and conditions stated in the trust instrument.
(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.