Notwithstanding the provisions of NRS 165.1201 to 165.148, inclusive, any beneficiary may waive the right to receive an account from a trustee by delivering to the trustee a waiver signed by the beneficiary. The waiver may be a limited waiver as to the form of the account, of the right to seek a hearing on the account, or of the right to receive notice of a hearing on the account. Such waiver is applicable to the beneficiary and any other beneficiaries who are represented by the waiving beneficiary pursuant to NRS 164.038 or by order of the court.
(Added to NRS by 2015, 3557)
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.