Nevada Revised Statutes 378.0083 – Bequests and gifts unaffected by creation of Division in Department
Current as of: 2023 | Check for updates
|
Other versions
The creation of the Division in the Department does not affect any bequest, devise, endowment, trust, allotment or other gift made to the Division and those gifts inure to the benefit of the Division and remain subject to any conditions or restraints placed on the gifts.
Terms Used In Nevada Revised Statutes 378.0083
- Bequest: Property gifted by will.
- Department: means the Department of Administration. See Nevada Revised Statutes 378.005
- Devise: To gift property by will.
- Division: means the Division of State Library, Archives and Public Records of the Department. See Nevada Revised Statutes 378.005
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.