Title 111 · NRS Chapter 111
Single party or multiple parties: POD designation or agency designation; governing law.
Citation: NRS 111.785
Section: 111.111.785
NRS
111.785
Single party or multiple parties: POD designation or agency designation; governing law.
1. An account may be for a single party or multiple parties. A multiple-party account may be with or without a right of survivorship between the parties. Subject to subsection 3 of NRS 111.795 , a single-party account or a multiple-party account may have a POD designation or an agency designation, or both.
2. An account established before, on or after October 1, 2011, whether in the form prescribed in subsection 1 of NRS 111.787 or in any other form, is a single-party account or a multiple-party account, with or without right of survivorship, and with or without a POD designation or an agency designation, and is governed by NRS 111.783 to 111.815 , inclusive.
(Added to NRS by 2011, 1429 )