Nevada Revised Statutes 163.023 – Powers of trustee
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A trustee has the powers provided in the trust instrument, expressed by law or granted by the court upon petition, as necessary or appropriate to accomplish a purpose of the trust, but the court may not grant a power expressly prohibited by the trust instrument.
Terms Used In Nevada Revised Statutes 163.023
- Trustee: A person or institution holding and administering property in trust.