Any beneficiary, if of full age and sound mind, may, if acting upon full information, by written instrument delivered to the trustee, excuse the trustee as to such beneficiary from performing any of the duties imposed on the trustee by this chapter or exempt the trustee from liability to such beneficiary for failure to perform any of the duties imposed upon the trustee by the terms of this chapter.
[16:135:1941; 1931 NCL § 7718.15]
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.