Purchase by corporate trustee of its own stocks, bonds or other securities for trust prohibited unless specifically authorized.

Nev. Rev. Stat. § 163.070
in effect
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Except as otherwise authorized by the trust instrument or order of the court, a corporate trustee shall not purchase for a trust shares of its own stock, or its bonds or other securities, or the stock, bonds or other securities of an affiliate.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-163.htmlFetched: 10/4/2026

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