Applicability to nontestamentary trusts; general duties of trustee.

NRS

165.1204

Applicability to nontestamentary trusts; general duties of trustee.

1. The trustee of a nontestamentary trust has a duty to account for the trust estate in accordance with the provisions of

NRS 165.1201 to 165.148 , inclusive.

2. The trustee of a nontestamentary trust shall satisfy the duty to account by delivery of an account in the form, manner and to the persons as required by the terms and conditions stated in the trust instrument.

(Added to NRS by 2015, 3556 )