Nevada Revised Statutes 167.035 – Validity of transfer
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The validity of a transfer made in a manner prescribed in this chapter is not affected by:
Terms Used In Nevada Revised Statutes 167.035
- Custodian: means a person so designated in a manner prescribed in this chapter. See Nevada Revised Statutes 167.020
- Person: means any natural person, corporation, organization or other legal entity. See Nevada Revised Statutes 167.020
- Transfer: means a transaction which creates custodial property in a manner prescribed in this chapter. See Nevada Revised Statutes 167.020
- Transferor: means a person who makes a transfer in a manner prescribed in this chapter. See Nevada Revised Statutes 167.020
1. The failure of the transferor to comply with the provisions of NRS 167.030 concerning possession and control;
2. The designation of an ineligible custodian, except the designation of the transferor in the case of property for which the transferor is ineligible to serve as custodian under subsection 1 of NRS 167.030; or
3. The death or incapacity of a person nominated or designated as custodian or the disclaimer of the office by that person.