US Lawyer Database

NRS 167.100 – Construction.

This chapter must be so applied and construed as to effectuate its general purpose to make uniform the law of those states which enact it. (Added to NRS by 1957, 26; A 1985, 81)

NRS 167.085 – Claims against custodial property; liability of custodian and minor.

1. A claim based on: (a) A contract entered into by a custodian acting in a custodial capacity; (b) An obligation arising from the ownership or control of custodial property; or (c) A tort committed during the custodianship, may be asserted against the custodial property by proceeding against the custodian in his or her custodial […]

NRS 167.095 – Transfer by custodian to minor.

The custodian shall transfer in an appropriate manner the custodial property to the minor or to the minor’s estate upon the earlier of: 1. The minor’s attainment of 18 years of age with respect to custodial property transferred under NRS 167.023, 167.025, 167.027 or 167.029, or the age provided for under NRS 167.034, whichever is […]

NRS 167.045 – Rights of custodian.

1. A custodian, acting in a custodial capacity, has all the rights, powers and authority over custodial property that an unmarried adult has over his or her own property, but a custodian may exercise those rights, powers and authority in that capacity only. 2. This section does not relieve a custodian from liability for breach […]

NRS 167.050 – Duties and powers of custodian.

1. The custodian shall: (a) Take control of the custodial property; (b) Register or record title to the custodial property, if appropriate; and (c) Collect, hold, manage, invest and reinvest the custodial property. 2. In dealing with custodial property, the custodian shall observe the standard of care that would be observed by a prudent person […]

NRS 167.060 – Expenses, compensation and bond of custodian.

1. A custodian is entitled to reimbursement from the custodial property for reasonable expenses incurred in the performance of the custodian’s duties. 2. Unless a custodian is a transferor under NRS 167.023, the custodian may elect to receive from the custodial property during each calendar year reasonable compensation for the custodian’s services performed during that […]