NRS 164.700
Definitions.


As used in NRS 164.700 to 164.925, inclusive:

1.

“Fiduciary” means a trustee or, to the extent that NRS 164.780 to 164.925, inclusive, apply to an estate, a personal representative.

2.

“Terms of a trust” means the manifestation of the intent of a settlor or decedent with respect to the trust, expressed in a manner that admits of its proof in a judicial proceeding, whether by written or spoken words or by conduct.

3.

“Unitrust” means a trust in which a certain percentage of annually assessed fair market value of trust property is paid to a trust beneficiary.
Prudent Investor (Uniform Act)

Source: Section 164.700 — Definitions., https://www.­leg.­state.­nv.­us/NRS/NRS-164.­html#NRS164Sec700.

Last Updated

Jun. 24, 2021

§ 164.700’s source at nv​.us