Nevada Chapter 143 — Powers and Duties of Personal Representatives
99 sections hosted, reproduced from the official public-domain source.
- NRS 143.010— Multiple personal representatives: Effect of absence, legal disability or conflict of interest; sufficiency of acts of majority
- NRS 143.020— Right to possession of decedent’s property
- NRS 143.030— Duty to take possession of estate and collect debts; exception for certain assets held by guardian
- NRS 143.035— Duty to use reasonable diligence; report required if estate not closed within certain times; hearing and determinations by court
- NRS 143.037— Duty to close estate within 18 months after appointment; exceptions
- NRS 143.040— Rights of surviving partner
- NRS 143.050— Continuing business of decedent; exception; prohibition on separate compensation for continuing business
- NRS 143.060— Extent of power to sue and be sued
- NRS 143.065— Statute of limitations for cause of action of decedent
- NRS 143.070— Actions by personal representative for conversion or trespass
- NRS 143.080— Actions against personal representative for conversion or trespass
- NRS 143.090— Action on bond of former personal representative
- NRS 143.100— Action for conversion before letters granted
- NRS 143.110— Procedure when conversion alleged: Citation; examination; allowance of necessary expenses
- NRS 143.120— Procedure when conversion alleged: Commitment for refusal to appear for examination; order requiring delivery of property to personal representative
- NRS 143.130— Accounting by person holding assets of estate for personal representative; penalty for failure or refusal to comply with order
- NRS 143.140— Discharging debtor of estate, compromising claims and renewing obligations: Procedure
- NRS 143.150— Action to recover fraudulently conveyed property for benefit of creditors
- NRS 143.160— Costs; disposal of property recovered; proceeds
- NRS 143.165— Ex parte order to restrain personal representative from performing administration, disbursement or distribution of estate: Issuance; hearing; notice; termination; prohibition on bond requirement in certain circumstances
- NRS 143.170— Purchase of property of estate by personal representative
- NRS 143.175— Power to make certain investments
- NRS 143.180— Power to make loans, advances of credit and other investments insured by Federal Housing Administrator; validation of loans, advances of credit and purchases of obligations made before October 1, 1999
- NRS 143.185— Power to invest in farm loan bonds and other obligations issued by federal land banks and banks for cooperatives
- NRS 143.187— Power to hold stock in name of nominee; personal liability of personal representative
- NRS 143.190— Cumulative method of service of process on personal representative; written statement containing permanent address of personal representative to be filed with clerk
- NRS 143.200— Actions not to abate on death, disqualification, resignation or removal of personal representative; substitution of successor
- NRS 143.210— Necessary parties to actions
- NRS 143.300— Short title
- NRS 143.305— Definitions
- NRS 143.310— “Court supervision” defined
- NRS 143.315— “Full authority” defined
- NRS 143.320— “Limited authority” defined
- NRS 143.325— Applicability
- NRS 143.330— Effect of provision in will that prohibits independent administration of estate
- NRS 143.335— Independent administration of estate by special administrator
- NRS 143.340— Personal representative required to petition for full or limited authority to administer estate; persons qualified to administer estate
- NRS 143.345— Notice of hearing on petition; persons required to receive notice; contents
- NRS 143.350— Court authorized to grant requested authority; exceptions
- NRS 143.352— Acceptance of or refusal to accept letters of administration or letters testamentary
- NRS 143.355— Amount of bond of personal representative
- NRS 143.360— Petition for modification or revocation of authority of personal representative; notice; preference; court order
- NRS 143.365— Authority to administer estate without court supervision; request for court supervision
- NRS 143.370— Court approval or supervision required for certain actions; exceptions
- NRS 143.372— Documents to be presented before transfer of property according to court order; compliance or refusal to comply with court order
- NRS 143.375— Powers of personal representative granted independent administration authority
- NRS 143.380— Sale of property of estate; requirements relating to consent and court confirmation of sales
- NRS 143.400— Requirements for exercise of powers by personal representative
- NRS 143.405— Sale or exchange of real property
- NRS 143.410— Sale or incorporation of business or joint venture
- NRS 143.415— Abandonment of tangible personal property
- NRS 143.420— Power to borrow and to encumber property of estate
- NRS 143.425— Grant of option to purchase real property of estate
- NRS 143.430— Transfer of property to person exercising option to purchase provided in will
- NRS 143.435— Conveyance or transfer of real or personal property under certain circumstances
- NRS 143.440— Determination of claims to property
- NRS 143.445— Disclaimers
- NRS 143.450— Preliminary distributions authorized under certain circumstances
- NRS 143.455— Actions concerning claims by, for the benefit of, or against the estate
- NRS 143.460— Commencement and defense of certain actions and proceedings
- NRS 143.465— Modification of terms of obligation to or in favor of decedent
- NRS 143.500— Exercise of powers by personal representative; exceptions
- NRS 143.505— Management and control of estate property
- NRS 143.510— Power to enter contracts without notice; exception
- NRS 143.515— Deposit and investment of money of estate
- NRS 143.520— Continuation of partnership or other business
- NRS 143.525— Payment of family allowance
- NRS 143.530— Lease of property of estate
- NRS 143.535— Sale or exchange of personal property
- NRS 143.540— Grant of exclusive right to sell property
- NRS 143.600— Exercise of powers by personal representative
- NRS 143.605— Additional powers of personal representative
- NRS 143.610— Conveyance or transfer of property under certain circumstances
- NRS 143.615— Payment of taxes, assessments and expenses
- NRS 143.620— Purchase of annuity under certain circumstances
- NRS 143.625— Exercise of option
- NRS 143.630— Purchase of securities or commodities to perform incomplete contract of sale
- NRS 143.635— Holding securities in name of nominee or in any other form for certain purposes
- NRS 143.640— Exercise of security subscription or conversion rights
- NRS 143.645— Repairs and improvements to property of estate
- NRS 143.650— Acceptance of deed or deed of trust in lieu of foreclosure or trustee’s sale
- NRS 143.655— Partial satisfaction of mortgage or partial reconveyance under deed of trust
- NRS 143.700— Circumstances pursuant to which notice of proposed action is required or authorized
- NRS 143.705— Persons to whom notice of proposed action is required to be given
- NRS 143.710— Consent to proposed action
- NRS 143.715— Waiver of notice for particular proposed action; general waiver of notice of proposed action
- NRS 143.720— Revocation of consent to proposed action or waiver of notice of proposed action
- NRS 143.725— Contents of notice of proposed action
- NRS 143.730— Requirements for delivery of notice of proposed action
- NRS 143.735— Objection to proposed action; requirements for delivery; form; notice of objection to personal representative
- NRS 143.740— Restraining order prohibiting proposed action without court supervision; notice of restraining order to personal representative
- NRS 143.745— Court authorization or confirmation required if personal representative receives notice of objection or of restraining order
- NRS 143.750— Effect of failure to object to proposed action; court review of action by personal representative under certain circumstances
- NRS 143.755— Failure of personal representative to comply with certain requirements; validity of actions taken without such compliance
- NRS 143.760— Court authorized to remove personal representative from office under certain circumstances
- NRS 143.800— Letters testamentary or letters of administration
- NRS 143.805— Notice of proposed action
- NRS 143.810— Objection to proposed action
- NRS 143.815— Consent to proposed action