In all cases of sales, when it appears that any person has a vested or contingent future right or estate in any of the property sold, the court shall ascertain and settle the proportional value of such contingent or vested right or estate, and shall direct such proportion of the sale to be invested, secured or paid over, in such manner as to protect the rights and interests of the parties.
NRS 39.330
Court must secure value of future interests
Known as the Uniform Partition of Heirs Property Act
The act spans §§ 39–39 (78 sections).
[1911 CPA § 617; RL § 5559; NCL § 9106]
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.