Perishable property and other personal property which will depreciate in value if not disposed of promptly, or which will incur loss or expense by being kept, and so much other personal property as may be necessary to provide the family allowance pending the receipt of other sufficient money, may be sold without notice, and title passes without confirmation, but the personal representative is responsible for the actual value of the property unless the personal representative obtains an order approving the sale before the closing of the estate.
NRS 148.170
Sale of perishable and depreciating property
Applied in 2 court decisions — leading case 148 Cal. App. 3d 312 - A-Mark Coin Co. v. General Mills, Inc. (1983)
Most recently applied in 148 Cal. App. 3d 312 - A-Mark Coin Co. v. General Mills, Inc. (October 1983)
[151:107:1941; 1931 NCL § 9882.151]—(NRS A 1999, 2318)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.