Title 13

NRS 162A.060 “Good faith” defined. “Good faith” means honesty in fact. (Added to NRS by 2009, 175)

NRS 162A.070 “Incapacity” defined. “Incapacity” means the inability of an individual to manage property or business affairs because the individual: 1. Has an impairment in the ability to receive and evaluate information or make or communicate decisions even with the use of techno…

NRS 162A.075 “Nondurable” defined. “Nondurable,” with respect to a power of attorney, means terminated by the principal’s incapacity. (Added to NRS by 2019, 2185)

NRS 162A.080 “Person” defined. “Person” means an individual, corporation, business trust, estate, trust, partnership, limited-liability company, association, joint venture, public corporation, government or governmental subdivision, agency or instrumentality, or any other legal o…

NRS 162A.090 “Power of attorney” defined. “Power of attorney” means a writing or other record that grants authority to an agent to act in the place of the principal, whether or not the term “power of attorney” is used. (Added to NRS by 2009, 175)

NRS 162A.100 “Presently exercisable general power of appointment” defined. “Presently exercisable general power of appointment,” with respect to property or a property interest subject to a power of appointment, means power exercisable at the time in question to vest absolute own…

NRS 162A.110 “Principal” defined. “Principal” means an individual who grants authority to an agent in a power of attorney. (Added to NRS by 2009, 175)

NRS 162A.120 “Property” defined. “Property” means anything that may be the subject of ownership, whether real or personal, or legal or equitable, or any interest or right therein. (Added to NRS by 2009, 175)

NRS 162A.130 “Record” defined. “Record” means information which is inscribed on a tangible medium or which is stored in an electronic or other medium and is retrievable in perceivable form. (Added to NRS by 2009, 175)

NRS 162A.140 “Sign” defined. “Sign” means, with present intent to authenticate or adopt a record: 1. To execute or adopt a tangible symbol; or 2. To attach to or logically associate with the record an electronic sound, symbol or process. (Added to NRS by 2009, 175)

NRS 162A.150 “State” defined. “State” means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United States. (Added to NRS by 2009, 175)

NRS 162A.160 “Stocks and bonds” defined. “Stocks and bonds” means stocks, bonds, mutual funds, and all other types of securities and financial instruments, whether held directly or indirectly, or in any other manner. The term does not include commodity futures contracts and call …

NRS 162A.200 Applicability. NRS 162A.200 to 162A.660, inclusive, apply to all powers of attorney except: 1. A power to the extent it is coupled with an interest in the subject of the power, including a power given to or for the benefit of a creditor in connection with a credit tr…

NRS 162A.210 Power of attorney is durable; exceptions. A power of attorney created under NRS 162A.200 to 162A.660, inclusive, is durable unless it expressly provides that it is terminated by the incapacity of the principal. (Added to NRS by 2009, 176)

NRS 162A.220 Execution of power of attorney; certification of competency of principal required under certain circumstances; certain persons not to be named as agent; exceptions; penalty for misuse of power of attorney. 1. A power of attorney must be signed by the principal or, in…

NRS 162A.230 Validity of power of attorney. 1. A power of attorney executed in this State on or after October 1, 2009, is valid if its execution complies with NRS 162A.220. 2. A power of attorney executed in this State before October 1, 2009, is valid if its execution complied wi…

NRS 162A.240 Meaning and effect of power of attorney. The meaning and effect of a power of attorney is determined by the law of the jurisdiction indicated in the power of attorney and, in the absence of an indication of jurisdiction, by the law of the jurisdiction in which the po…

NRS 162A.250 Nomination of guardian of estate; relation of agent to court-appointed guardian. 1. In a power of attorney, a principal may nominate a guardian of the principal’s estate for consideration by the court if guardianship proceedings for the principal’s estate or person a…

NRS 162A.260 Time at which power of attorney is effective. 1. A power of attorney is effective when executed unless the principal provides in the power of attorney that it becomes effective at a future date or upon the occurrence of a future event or contingency. 2. If a power of…

NRS 162A.270 Termination of power of attorney or authority of agent. 1. A power of attorney terminates when: (a) The principal dies; (b) The principal becomes incapacitated, if the power of attorney is not durable; (c) The principal revokes the power of attorney; (d) The power of…

NRS 162A.280 Co-agents and successor agents. 1. A principal may designate two or more persons to act as co-agents. Unless the power of attorney otherwise provides, each co-agent may exercise its authority independently. 2. A principal may designate one or more successor agents to…

NRS 162A.290 Reimbursement of agent. Unless the power of attorney otherwise provides, an agent is entitled to reimbursement of expenses reasonably incurred on behalf of the principal. (Added to NRS by 2009, 178)

NRS 162A.300 Agent’s acceptance of appointment. Except as otherwise provided in the power of attorney, a person accepts appointment as an agent under a power of attorney by exercising authority or performing duties as an agent or by any other assertion or conduct indicating accep…

NRS 162A.310 Duties of agent. 1. Notwithstanding provisions in the power of attorney, an agent that has accepted appointment shall: (a) Act in accordance with the principal’s reasonable expectations to the extent actually known by the agent and, otherwise, in the principal’s best…

NRS 162A.320 Exoneration of agent. A provision in a power of attorney relieving an agent of liability for breach of duty is binding on the principal and the principal’s successors in interest, except to the extent the provision: 1. Relieves the agent of liability for breach of du…

NRS 162A.330 Judicial relief. 1. The following persons may petition a court to construe a power of attorney or review the agent’s conduct, and grant appropriate relief: (a) The principal or the agent; (b) A guardian or other fiduciary acting for the principal; (c) A person author…

NRS 162A.340 Liability of agent. An agent that violates NRS 162A.200 to 162A.660, inclusive, is liable to the principal or the principal’s successors in interest for the amount required to: 1. Restore the value of the principal’s property to what it would have been had the violat…

NRS 162A.350 Resignation of agent; notice. Unless the power of attorney provides a different method for an agent’s resignation, an agent may resign by giving notice to the principal and, if the principal is incapacitated: 1. To a co-agent or successor agent; or 2. If there is no …

NRS 162A.360 Acceptance of and reliance upon acknowledged power of attorney. 1. A person that in good faith accepts an acknowledged power of attorney without actual knowledge that the signature is not genuine may rely upon the presumption under NRS 162A.220 that the signature is …

NRS 162A.370 Liability for refusal to accept acknowledged power of attorney. 1. Except as otherwise provided in subsection 2: (a) A person shall either accept an acknowledged power of attorney, or request a certification, a translation or an opinion of counsel pursuant to NRS 162…

NRS 162A.380 Principles of law and equity. Unless displaced by a provision of NRS 162A.200 to 162A.660, inclusive, the principles of law and equity supplement NRS 162A.200 to 162A.660, inclusive. (Added to NRS by 2009, 182)

NRS 162A.390 Laws applicable to financial institutions and entities. NRS 162A.200 to 162A.660, inclusive, does not supersede any other law applicable to financial institutions or other entities, and the other law controls if inconsistent with NRS 162A.200 to 162A.660, inclusive. …

NRS 162A.400 Remedies under other law. The remedies under NRS 162A.200 to 162A.660, inclusive, are not exclusive and do not abrogate any right or remedy under the laws of this State other than NRS 162A.200 to 162A.660, inclusive. (Added to NRS by 2009, 182) Authority

NRS 162A.450 Grant of specific authority. 1. An agent under a power of attorney may do the following on behalf of the principal or with the principal’s property only if the power of attorney expressly grants the agent the authority and exercise of the authority is not otherwise p…

NRS 162A.460 Grant of general authority; incorporation of authority; authority of principal to act continues after execution. 1. Except as otherwise provided in NRS 162A.450, if a power of attorney grants to an agent authority to do all acts that a principal could do or refers to…

NRS 162A.470 Construction of authority generally. Except as otherwise provided in the power of attorney, by executing a power of attorney that incorporates by reference a subject described in NRS 162A.200 to 162A.660, inclusive, or that grants to an agent authority to do all acts…

NRS 162A.480 Real property. 1. Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to real property authorizes: (a) The agent to demand, buy, lease, receive, accept as a gift or as security for an extension of c…

NRS 162A.490 Tangible personal property. Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to tangible personal property authorizes: 1. The agent to demand, buy, receive, accept as a gift or as security for an…

NRS 162A.500 Stocks and bonds. Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to stocks and bonds authorizes the agent to: 1. Buy, sell and exchange stocks and bonds; 2. Establish, continue, modify or termi…

NRS 162A.510 Commodities and options. Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to commodities and options authorizes the agent to: 1. Buy, sell, exchange, assign, settle and exercise commodity futures…

NRS 162A.520 Banks and other financial institutions. 1. Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to banks and other financial institutions authorizes the agent to: (a) Continue, modify and terminate a…

NRS 162A.530 Operation of entity or business. Subject to the terms of a document or an agreement governing an entity or an entity ownership interest, and unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to op…

NRS 162A.540 Insurance and annuities. Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to insurance and annuities authorizes the agent to: 1. Continue, pay the premium or make a contribution on, modify, excha…

NRS 162A.550 Estates, trusts and other beneficial interests. 1. Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to estates, trusts and other beneficial interests authorizes the agent to: (a) Accept, receive,…

NRS 162A.560 Claims and litigation. Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to claims and litigation authorizes the agent to: 1. Assert and maintain before a court or administrative agency a claim, c…