Any beneficiary, if of full age and sound mind, may, if acting upon full information, by written instrument delivered to the trustee, excuse the trustee as to such beneficiary from performing any of the duties imposed on the trustee by this chapter or exempt the trustee from liability to such beneficiary for failure to perform any of the duties imposed upon the trustee by the terms of this chapter.
NRS 165.170
Power of beneficiary
Known as the Uniform Trustees’ Accounting Act
The act spans §§ 165–165 (25 sections).
[16:135:1941; 1931 NCL § 7718.15]
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.