NRS 165.1201
Applicability to testamentary trusts

  • general duties of trustee.

1.

Except as otherwise provided in this chapter, the provisions of NRS 165.1204 apply to a testamentary trust.

2.

Except as otherwise provided by the will creating a testamentary trust or by a court order, until the termination of a testamentary trust, the trustee shall account for the income and principal of a testamentary trust in the same manner as required by a trustee of a nontestamentary trust pursuant to NRS 165.1201 to 165.148, inclusive.

Source: Section 165.1201 — Applicability to testamentary trusts; general duties of trustee., https://www.­leg.­state.­nv.­us/NRS/NRS-165.­html#NRS165Sec1201.

Last Updated

Feb. 5, 2021

§ 165.1201’s source at nv​.us