Title 12

NRS 142.060 Appointment of person next entitled. If sufficient security is not given within the time fixed by the court’s order, or such further time as the court may allow, the right of the personal representative to administer the estate ceases and the person next entitled to t…

NRS 142.070 Bond may be required despite provisions of will. If it is expressly provided in the will of a decedent that no bond may be required of the personal representative, letters may issue without any bond being given, but a personal representative to whom letters have been …

NRS 142.080 Petition for additional security; court may require additional security; petition for increase in bond. 1. If an interested person discovers that the sureties of a personal representative have become or are becoming insolvent, or that any one of them has removed from,…

NRS 142.090 Hearing on sufficiency: Issuance and service of citation; order. 1. If the court is satisfied from a petition for additional bond or otherwise believes that the matter requires investigation, a citation must be issued to the personal representative requiring the perso…

NRS 142.100 Appointment of person next in order. If sufficient security or additional security is not given within the time fixed by the court’s order, the right of the personal representative to administer the estate ceases, and the person next entitled to administer the estate,…

NRS 142.110 Suspension of powers pending hearing; effect of order of suspension. 1. If a petition is presented requesting that a personal representative be required to give further security, and if it is also alleged on oath or affirmation that the personal representative is wast…

NRS 142.130 Petition of surety for discharge; issuance and service of citation. If a surety of a personal representative desires to be released from responsibility on account of future acts, the surety may petition the court for relief. The court shall cite the personal represent…

NRS 142.140 Revocation for failure to give new sureties. If the personal representative neglects or refuses to give new sureties, to the satisfaction of the court, on the return of the citation, the court being satisfied the citation has been served, or within such reasonable tim…

NRS 142.150 Discharge of sureties. If new sureties are given to the satisfaction of the court, it shall thereupon enter an order that the surety who applied for relief is not liable for any subsequent act, default or misconduct of the personal representative. [80:107:1941; 1931 N…

NRS 143.010 Multiple personal representatives: Effect of absence, legal disability or conflict of interest; sufficiency of acts of majority. If there are two personal representatives, the acts of one alone are valid if the other is absent from the state, or for any cause is labor…

NRS 143.020 Right to possession of decedent’s property. Except as otherwise provided in NRS 143.030 and 146.010, a personal representative has a right to the possession of all the real, as well as personal, property of the decedent and may receive the rents and profits of the pro…

NRS 143.030 Duty to take possession of estate and collect debts; exception for certain assets held by guardian. 1. A personal representative shall take into possession all the estate of the decedent, real and personal, except that exempted as provided in this title, and shall col…

NRS 143.035 Duty to use reasonable diligence; report required if estate not closed within certain times; hearing and determinations by court. 1. A personal representative shall use reasonable diligence in performing the duties of the personal representative and in pursuing the ad…

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…