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NRS 150.260

Liability of personal representative

Known as the Federal Estate Tax Apportionment Law

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

[228:107:1941; 1931 NCL § 9882.228]—(NRS A 1999, 2337)

1. If an order is entered by the court for the payment of creditors, the personal representative is personally liable to each creditor for the amount of his or her claim, or the dividends thereon, and execution may be issued upon the order as upon a judgment in any other action, in favor of each creditor, and the same proceedings may be had under the execution as if it had been issued upon a judgment.

2. The personal representative is also liable on his or her bond to each creditor.

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