Title 164 · NRS Chapter 164
No duty to make adjustment between principal and income; trustee immunity from liability.
Citation: NRS 164.730
Section: 164.164.730
NRS
164.730
No duty to make adjustment between principal and income; trustee immunity from liability.
1. The provisions of NRS 164.700 to 164.925 , inclusive, do not impose or create a duty of a trustee to make an adjustment between principal and income pursuant to the provisions of NRS 164.795 or 164.796 .
2. A trustee shall not be liable for:
(a) Not considering whether to make such an adjustment; or
(b) Deciding not to make such an adjustment.
(Added to NRS by 2003, 1967 ; A 2009, 801 )