Power to borrow and to encumber property of estate.

NRS 143.420 Power to borrow and to encumber property of estate. 1. Subject to the limitations provided in subsection 2 and NRS 143.180, the personal representative who has limited authority or full authority has the following powers: (a) The power to borrow; and (b) The power to place, replace, renew or extend any encumbrance upon any property of the estate. 2. Only a personal representative who has full authority has the power to borrow money with the loan secured by an encumbrance upon real property. (Added to NRS by 2011, 1441)