Nevada Revised Statutes
Nev. Rev. Stat. § 163.265 (2026)
Retention of property
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NRS 163.265 Retention of property. A
fiduciary may retain for such time as the fiduciary deems advisable any
property, real or personal, which the fiduciary may receive, even though the
retention of such property by reason of its character, amount, proportion to
the total estate or otherwise would not be appropriate for the fiduciary apart
from this provision.
(Added to NRS by 1969, 449)
Notes of Decisions
Cited in 1
case, 2020–2020 · leading case: William J. Raggio Fam. Trust Vs. Dist. Ct. (righetti), 460 P.3d 969 (Nev. 2020).
William J. Raggio Fam. Trust Vs. Dist. Ct. (righetti), 460 P.3d 969 (Nev. 2020). “1(a), which details Dale's "powers" as trustee, states "[iln the event any of such powers or discretion" in the agreement are inconsistent with NRS 163.265 to NRS 163.410, "the most liberal [interpretation] shall control to give the greatest latitude and discretion to the…”
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