NRS 143.187
Power to hold stock in name of nominee

  • personal liability of personal representative.

1.

A personal representative holding certificates of stock in that capacity may hold the stock in the name of a nominee without mention in the stock certificate or registration books, if:

(a)

The records of the personal representative and all reports and accountings the personal representative renders clearly show the holding and the facts regarding it; and

(b)

The nominee deposits with the personal representative a signed statement of the true interest of the personal representative.

2.

A personal representative is personally liable for any loss to the estate resulting from any act of the nominee in connection with stock so held.

Source: Section 143.187 — Power to hold stock in name of nominee; personal liability of personal representative., https://www.­leg.­state.­nv.­us/NRS/NRS-143.­html#NRS143Sec187.

143.010
Multiple personal representatives: Effect of absence or disability
143.020
Right to possession of decedent’s property.
143.030
Duty to take possession of estate and collect debts
143.035
Duty to use reasonable diligence
143.037
Duty to close estate within 18 months after appointment
143.040
Rights of surviving partner.
143.050
Continuing business of decedent
143.060
Extent of power to sue and be sued.
143.065
Statute of limitations for cause of action of decedent.
143.070
Actions by personal representative for conversion or trespass.
143.080
Actions against personal representative for conversion or trespass.
143.090
Action on bond of former personal representative.
143.100
Action for conversion before letters granted.
143.110
Procedure when conversion alleged: Citation
143.120
Procedure when conversion alleged: Commitment for refusal to appear for examination
143.130
Accounting by person holding assets of estate for personal representative
143.140
Discharging debtor of estate, compromising claims and renewing obligations: Procedure.
143.150
Action to recover fraudulently conveyed property for benefit of creditors.
143.160
Costs
143.165
Ex parte order to restrain personal representative from performing administration, disbursement or distribution of estate: Issuance
143.170
Purchase of property of estate by personal representative.
143.175
Power to make certain investments.
143.180
Power to make loans, advances of credit and other investments insured by Federal Housing Administrator
143.185
Power to invest in farm loan bonds and other obligations issued by federal land banks and banks for cooperatives.
143.187
Power to hold stock in name of nominee
143.188
Power to direct termination of certain electronic or digital accounts or assets.
143.190
Cumulative method of service of process on personal representative
143.200
Actions not to abate on death, disqualification, resignation or removal of personal representative
143.210
Necessary parties to actions.
Last Updated

Feb. 5, 2021

§ 143.187’s source at nv​.us