NRS 162A.490
Tangible personal property.
1.
The agent to demand, buy, receive, accept as a gift or as security for an extension of credit, or otherwise acquire or reject ownership or possession of tangible personal property or an interest in tangible personal property;2.
The agent to:(a)
Sell;(b)
Exchange;(c)
Convey with or without covenants, representations or warranties;(d)
Quitclaim;(e)
Release;(f)
Surrender;(g)
Create a security interest in;(h)
Grant options concerning;(i)
Lease;(j)
Sublease; or(k)
Otherwise dispose of,3.
The agent to grant a security interest in tangible personal property or an interest in tangible personal property as security to borrow money or pay, renew or extend the time of payment of a debt of the principal or a debt guaranteed by the principal;4.
The agent to release, assign, satisfy or enforce by litigation or otherwise, a security interest, lien or other claim on behalf of the principal, with respect to tangible personal property or an interest in tangible personal property;5.
The agent to manage or conserve tangible personal property or an interest in tangible personal property on behalf of the principal, including:(a)
Insuring against liability or casualty or other loss;(b)
Obtaining or regaining possession of or protecting the property or interest, by litigation or otherwise;(c)
Paying, assessing, compromising or contesting taxes or assessments, or applying for and receiving refunds in connection with taxes or assessments;(d)
Moving the property from place to place;(e)
Storing the property for hire or on a gratuitous bailment; and(f)
Using and making repairs, alterations or improvements to the property; and6.
The agent to change the form of title of an interest in tangible personal property.
Source:
Section 162A.490 — Tangible personal property., https://www.leg.state.nv.us/NRS/NRS-162A.html#NRS162ASec490
(accessed May 26, 2025).