Nevada Revised Statutes

Nev. Rev. Stat. § 164.700 (2026)

Definitions

✓ current as of July 2026
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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.

      (Added to NRS by 2003, 1965; A 2009, 799)

Prudent Investor (Uniform Act)

     

Notes of Decisions
Cited in 1 case, 2012–2012 · leading case: Harlow v. MTC Fin. Inc., 865 F. Supp. 2d 1095 (D. Nev. 2012).
Harlow v. MTC Fin. Inc., 865 F. Supp. 2d 1095 (D. Nev. 2012). · cites it 3× “710 provides that in performing its duties under the Uniform Prudent Investor Act, Nevada Revised Statutes §§ 164.700 to 164.925, inclusive, a fiduciary shall administer a trust or estate in accordance with the terms of the trust or the will or the applicable provisions of the…”
— Nev. Rev. Stat. § 164.700(1) — 1 case
Harlow v. MTC Fin. Inc., 865 F. Supp. 2d 1095 (D. Nev. 2012). “710 provides that in performing its duties under the Uniform Prudent Investor Act, Nevada Revised Statutes §§ 164.700 to 164.925, inclusive, a fiduciary shall administer a trust or estate in accordance with the terms of the trust or the will or the applicable provisions of the…”
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