Borrowing money; renewing existing loans.
Nev. Rev. Stat. § 163.320
in effectA fiduciary may:
1. Borrow money for such periods of time and upon such terms and conditions as to rates, maturities, renewals and security as the fiduciary deems advisable, including the power of a corporate fiduciary to borrow from its own banking department, for the purpose of paying debts, taxes or other charges against the estate or any trust, or any part thereof;
2. Provide a guarantee by the trust or mortgage, pledge or otherwise encumber such portion of the estate or any trust as may be required to obtain loan or loans; and
3. Renew existing loans either as maker or endorser.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-163.htmlFetched: 10/4/2026