163.580 - Duty of third person to ensure proper application of trust property. - Nevada Statutes - USA Laws Searching

Statutes > Nevada Statutes > TITLE 13 - GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS > Chapter 163 - Trusts > MISCELLANEOUS PROVISIONS > 163.580 - Duty of third person to ensure proper application of trust property.

163.580 - Duty of third person to ensure proper application of trust property.

163.580  Duty of third person to ensure proper application of trust property.  A third person who acts in good faith is not bound to ensure the proper application of trust property paid or delivered to a trustee.

      (Added to NRS by 1999, 2366)

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