Nevada Revised Statutes
Chapter 166A - Custodial Trusts (Uniform Act)
NRS 166A.350 - Applicable law.


1. This chapter applies to a transfer or declaration creating a custodial trust that refers to this chapter if, at the time of the transfer or declaration, the transferor, beneficiary or custodial trustee is a resident of or has its principal place of business in this State or custodial trust property is located in this State. The custodial trust remains subject to this chapter despite a later change in residence or principal place of business of the transferor, beneficiary or custodial trustee, or removal of the custodial trust property from this State.
2. A transfer made pursuant to an act of another state substantially similar to this chapter is governed by the law of that state and may be enforced in this State.
(Added to NRS by 2007, 295)

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 166A - Custodial Trusts (Uniform Act)

NRS 166A.010 - Short title.

NRS 166A.020 - Definitions.

NRS 166A.030 - Adult" defined.

NRS 166A.040 - Beneficiary" defined.

NRS 166A.050 - Conservator" defined.

NRS 166A.060 - Court" defined.

NRS 166A.070 - Custodial trust property" defined.

NRS 166A.080 - Custodial trustee" defined.

NRS 166A.090 - Guardian" defined.

NRS 166A.100 - Incapacitated" defined.

NRS 166A.110 - Legal representative" defined.

NRS 166A.120 - Member of the beneficiary’s family" defined.

NRS 166A.130 - Person" defined.

NRS 166A.140 - Personal representative" defined.

NRS 166A.150 - State" defined.

NRS 166A.160 - Transferor" defined.

NRS 166A.170 - Trust company" defined.

NRS 166A.180 - Custodial trust; general.

NRS 166A.190 - Custodial trustee for future payment or transfer.

NRS 166A.200 - Form and effect of receipt and acceptance by custodial trustee; jurisdiction.

NRS 166A.210 - Transfer to custodial trustee by fiduciary or obligor; facility of payment.

NRS 166A.220 - Multiple beneficiaries; separate custodial trusts; survivorship.

NRS 166A.230 - General duties of custodial trustee.

NRS 166A.240 - General powers of custodial trustee.

NRS 166A.250 - Use of custodial trust property.

NRS 166A.260 - Determination of incapacity; effect.

NRS 166A.270 - Exemption of third person from liability.

NRS 166A.280 - Liability to third person.

NRS 166A.290 - Declination, resignation, incapacity, death or removal of custodial trustee; designation of successor custodial trustee.

NRS 166A.300 - Expenses, compensation and bond of custodial trustee.

NRS 166A.310 - Reporting and accounting by custodial trustee; determination of liability of custodial trustee.

NRS 166A.320 - Limitations of action against custodial trustee.

NRS 166A.330 - Distribution on termination.

NRS 166A.340 - Methods and forms for creating custodial trusts.

NRS 166A.350 - Applicable law.

NRS 166A.360 - Uniformity of application and construction.