Title 12

NRS 143.037 Duty to close estate within 18 months after appointment; exceptions. 1. Except as otherwise provided in this section, a personal representative shall close an estate within 18 months after appointment. 2. If an estate is not closed within 18 months after the appointme…

NRS 143.040 Rights of surviving partner. 1. If a partnership existed between the decedent, at the time of death, and any other person, the surviving partner may continue in possession of the effects of the partnership and settle its business, but the interest of the decedent must…

NRS 143.050 Continuing business of decedent; exception; prohibition on separate compensation for continuing business. 1. Except as otherwise provided in subsection 2, NRS 143.520 or the decedent’s will, after notice given as provided in NRS 155.010 or in such other manner as the …

NRS 143.060 Extent of power to sue and be sued. Actions for the recovery of any property, real or personal, or for the possession thereof, or to quiet title thereto, or to determine any adverse claim thereon, and all actions founded upon contracts, may be maintained by and agains…

NRS 143.065 Statute of limitations for cause of action of decedent. A statute of limitations running on a cause of action belonging to a decedent, that was not barred as of the date of death, does not bar the cause of action sooner than 1 year after the death. A cause of action t…

NRS 143.070 Actions by personal representative for conversion or trespass. 1. A personal representative may commence or maintain an action against any person who has wasted, destroyed, taken, carried away or converted the goods of the decedent. 2. A personal representative may al…

NRS 143.080 Actions against personal representative for conversion or trespass. Any person or the personal representative has a right of action against the personal representative of a decedent who, in the lifetime of the decedent wasted, destroyed, took, carried away or converte…

NRS 143.090 Action on bond of former personal representative. A successor personal representative may, for the use and benefit of all interested persons, maintain an action on the bond of a former personal representative of the same estate. [196:107:1941; 1931 NCL § 9882.196]—(NR…

NRS 143.100 Action for conversion before letters granted. If any person, before the granting of letters, converts, takes or alienates any of the money, goods, chattels or effects of a decedent, that person is chargeable and liable to an action by the personal representative for t…

NRS 143.110 Procedure when conversion alleged: Citation; examination; allowance of necessary expenses. 1. If a personal representative or other interested person alleges in a petition to the court that any person has, or is suspected to have, concealed, converted, conveyed away o…

NRS 143.120 Procedure when conversion alleged: Commitment for refusal to appear for examination; order requiring delivery of property to personal representative. 1. If the person so cited refuses to appear and submit to examination or to testify concerning the matter of the compl…

NRS 143.130 Accounting by person holding assets of estate for personal representative; penalty for failure or refusal to comply with order. The court, upon the petition of a personal representative, may require any person entrusted by the personal representative with any part of …

NRS 143.140 Discharging debtor of estate, compromising claims and renewing obligations: Procedure. 1. Except as otherwise provided in NRS 143.440, 143.455, 143.465, 143.650 or 143.655, if a debtor of the decedent is unable to pay all debts, the personal representative, with the a…

NRS 143.150 Action to recover fraudulently conveyed property for benefit of creditors. 1. If the decedent conveyed any real property or any rights or interests therein, with intent to defraud creditors or to avoid any obligation, debt or duty owed another, or so conveyed the prop…

NRS 143.160 Costs; disposal of property recovered; proceeds. 1. A personal representative is not bound to maintain an action for the estate, pursuant to NRS 143.150, for the benefit of the creditors, unless a creditor of the decedent: (a) Files a petition; and (b) Pays the costs …

NRS 143.165 Ex parte order to restrain personal representative from performing administration, disbursement or distribution of estate: Issuance; hearing; notice; termination; prohibition on bond requirement in certain circumstances. 1. Except as otherwise provided in subsection 6…

NRS 143.170 Purchase of property of estate by personal representative. Unless approved in advance by a court after application, notice and a hearing on the matter, a personal representative shall not directly or indirectly purchase any property of the estate represented by the pe…

NRS 143.175 Power to make certain investments. 1. Except as otherwise provided in NRS 143.515, a personal representative may, with court approval: (a) Invest the property of the estate, make loans and accept security therefor, in the manner and to the extent authorized by the cou…

NRS 143.180 Power to make loans, advances of credit and other investments insured by Federal Housing Administrator; validation of loans, advances of credit and purchases of obligations made before October 1, 1999. 1. Subject to such regulations as may be prescribed by the Federal…

NRS 143.185 Power to invest in farm loan bonds and other obligations issued by federal land banks and banks for cooperatives. A personal representative may purchase, invest in, and dispose of: 1. Farm loan bonds, consolidated farm loan bonds, debentures, consolidated debentures a…

NRS 143.187 Power to hold stock in name of nominee; personal liability of personal representative. 1. A personal representative holding certificates of stock in that capacity may hold the stock in the name of a nominee without mention in the stock certificate or registration book…

NRS 143.190 Cumulative method of service of process on personal representative; written statement containing permanent address of personal representative to be filed with clerk. 1. Before letters are delivered to a personal representative, the personal representative shall file w…

NRS 143.200 Actions not to abate on death, disqualification, resignation or removal of personal representative; substitution of successor. No action to which a personal representative is a party abates by reason of the death, disqualification, resignation or removal of the person…

NRS 143.210 Necessary parties to actions. In actions brought by or against personal representatives, it is not necessary to join those as parties who have not qualified. [197:107:1941; 1931 NCL § 9882.197]—(NRS A 1999, 2298) INDEPENDENT ADMINISTRATION OF ESTATES General Provision…

NRS 143.300 Short title. NRS 143.300 to 143.815, inclusive, may be cited as the Independent Administration of Estates Act. (Added to NRS by 2011, 1437)

NRS 143.305 Definitions. As used in NRS 143.300 to 143.815, inclusive, unless the context otherwise requires, the words and terms defined in NRS 143.310, 143.315 and 143.320 have the meanings ascribed to them in those sections. (Added to NRS by 2011, 1437; A 2021, 972)

NRS 143.310 “Court supervision” defined. “Court supervision” means the judicial order, authorization, approval, confirmation or instructions that would be required if authority to administer the estate had not been granted pursuant to NRS 143.300 to 143.815, inclusive. (Added to …

NRS 143.315 “Full authority” defined. “Full authority” means the authority to administer the estate pursuant to NRS 143.300 to 143.815, inclusive, that includes all the powers granted pursuant to NRS 143.300 to 143.815, inclusive. (Added to NRS by 2011, 1437)

NRS 143.320 “Limited authority” defined. “Limited authority” means authority to administer the estate pursuant to NRS 143.300 to 143.815, inclusive, that includes all the powers granted pursuant to NRS 143.300 to 143.815, inclusive, except the power to do any of the following: 1.…

NRS 143.325 Applicability. The provisions of NRS 143.300 to 143.815, inclusive, apply in any case where authority to administer the estate is granted pursuant to NRS 143.300 to 143.815, inclusive. (Added to NRS by 2011, 1437)

NRS 143.330 Effect of provision in will that prohibits independent administration of estate. The personal representative may not be granted authority to administer the estate pursuant to NRS 143.300 to 143.815, inclusive, if the decedent’s will provides that the estate must not b…

NRS 143.335 Independent administration of estate by special administrator. A special administrator may be granted authority to administer the estate pursuant to NRS 143.300 to 143.815, inclusive, if the special administrator is appointed with, or has been granted, the powers of a…

NRS 143.340 Personal representative required to petition for full or limited authority to administer estate; persons qualified to administer estate. 1. To obtain authority to administer the estate pursuant to NRS 143.300 to 143.815, inclusive, the personal representative must pet…

NRS 143.345 Notice of hearing on petition; persons required to receive notice; contents. 1. If the authority to administer the estate pursuant to NRS 143.300 to 143.815, inclusive, is requested in a petition for appointment of the personal representative, notice of the hearing on…

NRS 143.350 Court authorized to grant requested authority; exceptions. 1. Except as otherwise provided in subsection 2, unless an interested person, including, without limitation, a person who receives notice under NRS 143.345, objects in writing at or before the hearing to the g…

NRS 143.352 Acceptance of or refusal to accept letters of administration or letters testamentary. 1. Except as otherwise provided in subsection 2: (a) A person shall either accept letters of administration or letters testamentary that have been certified within 60 days after pres…

NRS 143.355 Amount of bond of personal representative. 1. If the personal representative is otherwise required to file a bond and has full authority, the court shall fix the amount of the bond at not more than the estimated value of the personal property, the estimated value of t…

NRS 143.360 Petition for modification or revocation of authority of personal representative; notice; preference; court order. 1. Any interested person may file a petition requesting that the court make either of the following orders: (a) An order revoking the authority of the per…

NRS 143.365 Authority to administer estate without court supervision; request for court supervision. 1. Subject to the limitations and conditions of NRS 143.300 to 143.815, inclusive, a personal representative who has been granted authority to administer the estate pursuant to NR…

NRS 143.370 Court approval or supervision required for certain actions; exceptions. 1. Notwithstanding any provision of NRS 143.300 to 143.815, inclusive, to the contrary, whether the personal representative has been granted limited authority or full authority, a personal represe…

NRS 143.372 Documents to be presented before transfer of property according to court order; compliance or refusal to comply with court order. 1. A person holding property that is attributable to a decedent may only request the presentation of the following items before transferri…

NRS 143.375 Powers of personal representative granted independent administration authority. 1. Subject to the conditions and limitations of NRS 143.300 to 143.815, inclusive, and to the duties and liabilities of the personal representative, a personal representative who has been …

NRS 143.380 Sale of property of estate; requirements relating to consent and court confirmation of sales. 1. Except as otherwise provided in subsection 4, and subject to the limitations and requirements of NRS 143.370, when the personal representative exercises the authority to s…

NRS 143.400 Requirements for exercise of powers by personal representative. The personal representative may exercise the powers described in NRS 143.400 to 143.465, inclusive, only if the requirements of NRS 143.700 to 143.760, inclusive, are satisfied. (Added to NRS by 2011, 144…

NRS 143.405 Sale or exchange of real property. The personal representative who has full authority has the power to sell or exchange real property of the estate. (Added to NRS by 2011, 1441)

NRS 143.410 Sale or incorporation of business or joint venture. The personal representative who has limited authority or full authority has the power to sell or incorporate any of the following: 1. An unincorporated business or joint venture in which the decedent was engaged at t…