1. This chapter applies to a transfer that refers to Nevada’s Uniform Act on Transfers to Minors in the designation under subsection 1 of NRS 167.030 by which the transfer is made if at the time of the transfer, the transferor, the minor or the custodian is a resident of this state or the custodial property is located in this state. The custodianship so created remains subject to the provisions of this chapter despite a subsequent change in the residence of the transferor, the minor or the custodian, or the removal of the custodial property from this state.
2. A person designated as a custodian under this chapter is subject to personal jurisdiction in this state with respect to any matter relating to the custodianship.
3. A transfer that purports to be made and which is valid under the Uniform Transfers to Minors Act, the Uniform Gifts to Minors Act or a substantially similar act, of another state is governed by the law of the designated state and may be executed and is enforceable in this state if at the time of the transfer, the transferor, the minor or the custodian is a resident of the designated state or the custodial property is located in the designated state.
(Added to NRS by 1985, 66)
Structure Nevada Revised Statutes
Chapter 167 - Transfers to Minors (Uniform Act)
NRS 167.021 - Applicability; custodian subject to personal jurisdiction.
NRS 167.023 - Transfer by gift or exercise of power of appointment.
NRS 167.025 - Transfer authorized in will or trust.
NRS 167.027 - Transfer not authorized in will or trust; transfer by conservator.
NRS 167.029 - Transfer by debtor or person holding property of minor.
NRS 167.030 - Creation of custodial property; manner of making transfer.
NRS 167.033 - Nomination of custodian to serve upon future event.
NRS 167.034 - Delay of time for certain transfers; requirements.
NRS 167.035 - Validity of transfer.
NRS 167.040 - Effect of transfer.
NRS 167.043 - Acknowledgment of delivery of custodial property.
NRS 167.045 - Rights of custodian.
NRS 167.050 - Duties and powers of custodian.
NRS 167.055 - Delivery, payment or expenditure of custodial property for benefit of minor.
NRS 167.060 - Expenses, compensation and bond of custodian.
NRS 167.070 - Exemption of third persons from liability.
NRS 167.085 - Claims against custodial property; liability of custodian and minor.