A fiduciary may retain for such time as the fiduciary deems advisable any property, real or personal, which the fiduciary may receive, even though the retention of such property by reason of its character, amount, proportion to the total estate or otherwise would not be appropriate for the fiduciary apart from this provision.
NRS 163.265
Retention of property
Applied in 1 court decision — leading case WILLIAM J. RAGGIO FAMILY TRUST VS. DIST. CT. (RIGHETTI) (2020)
Most recently applied in WILLIAM J. RAGGIO FAMILY TRUST VS. DIST. CT. (RIGHETTI) (April 2020)
(Added to NRS by 1969, 449)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.