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NRS 150.040

Contracts for higher compensation void

Known as the Federal Estate Tax Apportionment Law

The act spans §§ 150–150 (47 sections).

[209:107:1941; 1931 NCL § 9882.209]—(NRS A 1999, 2330)

A contract between a personal representative and an heir or devisee for a higher compensation than that allowed by NRS 150.020 and 150.030 is void.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.