NRS 164.730
No duty to make adjustment between principal and income

  • trustee immunity from liability.

1.

The provisions of NRS 164.700 to 164.925, inclusive, do not impose or create a duty of a trustee to make an adjustment between principal and income pursuant to the provisions of NRS 164.795 or 164.796.

2.

A trustee shall not be liable for:

(a)

Not considering whether to make such an adjustment; or

(b)

Deciding not to make such an adjustment.

Source: Section 164.730 — No duty to make adjustment between principal and income; trustee immunity from liability., https://www.­leg.­state.­nv.­us/NRS/NRS-164.­html#NRS164Sec730 (accessed May 26, 2025).

May 26, 2025

§ 164.730. No duty to make adjustment between principal & income's source at nv​.us