163.004 - Creation: Purpose.

163.004  Creation: Purpose.

      1.  A trust may be created for any purpose that is not illegal or against public policy.

      2.  A trust created for an indefinite or general purpose is not invalid for that reason if it can be determined with reasonable certainty that a particular use of the trust property is within that purpose.

      (Added to NRS by 1991, 1704)