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NRS 150.280

Closing administration

Known as the Federal Estate Tax Apportionment Law

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

[230:107:1941; 1931 NCL § 9882.230]—(NRS A 1999, 2338)

1. If all the debts and liabilities of an estate have been paid, and the estate is in a condition to be closed, the court shall direct the payment of devises and the distribution of the estate among those entitled as provided in chapter 151 of NRS.

2. If the estate is not in a condition to be closed, the court shall direct the payment of devises and the distribution of the estate among those entitled at such time as it thereafter may be in a condition to be closed.

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