NRS 159.065
Bond: General requirements

  • approval by clerk
  • liability of sureties
  • not required under certain circumstances.

1.

Except as otherwise provided by law, every guardian shall, before entering upon his or her duties as guardian, execute and file in the guardianship proceeding a bond, with sufficient surety or sureties, in such amount as the court determines necessary for the protection of the protected person and the estate of the protected person, and conditioned upon the faithful discharge by the guardian of his or her authority and duties according to law. The bond must be approved by the clerk. Sureties must be jointly and severally liable with the guardian and with each other.

2.

If a banking corporation, as defined in NRS 657.016, doing business in this state, is appointed guardian of the estate of a protected person, no bond is required of the guardian, unless specifically required by the court.

3.

Joint guardians may unite in a bond to the protected person or protected persons, or each may give a separate bond.

4.

If there are no assets of the protected person, no bond is required of the guardian.

5.

If a person has been nominated to be guardian in a will, power of attorney or other written instrument that has been acknowledged before two disinterested witnesses or acknowledged before a notary public and the will, power of attorney or other written instrument provides that no bond is to be required of the guardian, the court may direct letters of guardianship to issue to the guardian after the guardian:

(a)

Takes and subscribes the oath of office; and

(b)

Files the appropriate documents which contain the full legal name and address of the guardian.

6.

In lieu of executing and filing a bond, the guardian may request that access to certain assets be blocked. The court may grant the request and order letters of guardianship to issue to the guardian if sufficient evidence is filed with the court to establish that such assets are being held in a manner that prevents the guardian from accessing the assets without a specific court order.

Source: Section 159.065 — Bond: General requirements; approval by clerk; liability of sureties; not required under certain circumstances., https://www.­leg.­state.­nv.­us/NRS/NRS-159.­html#NRS159Sec065.

159.049
Appointment without issuance of citation. 159.052
Temporary guardian for minor ward who is unable to respond to substantial and immediate risk of physical harm or to need for immediate medical attention: Petition for appointment 159.054
Finding and order of court upon petition: Dismissal of petition 159.055
Burden of proof 159.057
Appointment of guardian for two or more proposed protected persons 159.061
Minor wards: Preference for appointment of parent 159.062
Guardian nominated by will. 159.065
Bond: General requirements 159.067
Bond: Court may require increase, decrease or other change 159.069
Bond: Filing 159.071
Bond: Limitations on action. 159.073
Taking oath of office 159.074
Copy of order of appointment to be served upon protected person 159.075
Letters of guardianship. 159.0487
Types of guardians. 159.0523
Temporary guardian for proposed protected person who is unable to respond to substantial and immediate risk of physical harm or to need for immediate medical attention: Petition for appointment 159.0525
Temporary guardian for protected person who is unable to respond to substantial and immediate risk of financial loss: Petition for appointment 159.0535
Attendance of proposed protected person at hearing. 159.0592
Court may require guardian to complete training. 159.0593
Determination of whether proposed protected person is prohibited from possessing firearm under federal law. 159.0594
Determination of whether proposed protected person lacks mental capacity to vote. 159.0595
Private professional guardians. 159.0613
Protected persons: Preference for appointment of certain persons 159.0615
Appointment of master of court or special master to identify person most qualified and suitable to serve as guardian 159.0617
Court or master of court or special master authorized to allow certain persons to testify at hearing to determine person most qualified and suitable to serve as guardian.
Last Updated

Feb. 5, 2021

§ 159.065’s source at nv​.us