NRS 163.275
Investments

  • reinvestments
  • delegation of authority to invest.

1.

A fiduciary may invest and reinvest, as the fiduciary deems advisable:

(a)

In stocks, common or preferred, bonds, debentures, notes, mortgages or other securities in or outside the United States;

(b)

In insurance contracts on the life of any beneficiary or of any person in whom a beneficiary has an insurable interest, or in annuity contracts for any beneficiary;

(c)

In any real or personal property;

(d)

In investment trusts;

(e)

In participations in common trust funds;

(f)

In securities of any corporation, trust, association or fund:

(1)

Which is engaged, or proposes to engage, in the business of investing, reinvesting, owning, holding or trading in securities;

(2)

Whose assets are invested principally in cash or in securities of other issuers; and

(3)

Which is registered as an investment company with the Securities and Exchange Commission; and

(g)

Generally in such property as the fiduciary deems advisable, even though the investment is not of the character approved by applicable law but for this section.

2.

A fiduciary may delegate the authority to invest, but the fiduciary is not thereby relieved of any liability that exists in the absence of delegation.

Source: Section 163.275 — Investments; reinvestments; delegation of authority to invest., https://www.­leg.­state.­nv.­us/NRS/NRS-163.­html#NRS163Sec275 (accessed May 26, 2025).

May 26, 2025

§ 163.275. Investments's source at nv​.us