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Powers and Duties of Personal Representatives
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Nevada Revised Statutes
Powers and Duties of Personal Representatives
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Section
143.010
Multiple personal representatives: Effect of absence or disability; sufficiency of acts of majority.
Section
143.020
Right to possession of decedent’s property.
Section
143.030
Duty to take possession of estate and collect debts; exception for certain assets held by guardian.
Section
143.035
Duty to use reasonable diligence; report required if estate not closed within certain times; hearing and determinations by court.
Section
143.037
Duty to close estate within 18 months after appointment; exceptions.
Section
143.040
Rights of surviving partner.
Section
143.050
Continuing business of decedent; exception; prohibition on separate compensation for continuing business.
Section
143.060
Extent of power to sue and be sued.
Section
143.065
Statute of limitations for cause of action of decedent.
Section
143.070
Actions by personal representative for conversion or trespass.
Section
143.080
Actions against personal representative for conversion or trespass.
Section
143.090
Action on bond of former personal representative.
Section
143.100
Action for conversion before letters granted.
Section
143.110
Procedure when conversion alleged: Citation; examination; allowance of necessary expenses.
Section
143.120
Procedure when conversion alleged: Commitment for refusal to appear for examination; order requiring delivery of property to personal representative.
Section
143.130
Accounting by person holding assets of estate for personal representative; penalty for failure or refusal to comply with order.
Section
143.140
Discharging debtor of estate, compromising claims and renewing obligations: Procedure.
Section
143.150
Action to recover fraudulently conveyed property for benefit of creditors.
Section
143.160
Costs; disposal of property recovered; proceeds.
Section
143.165
Ex parte order to restrain personal representative from performing administration, disbursement or distribution of estate: Issuance; hearing; notice; termination.
Section
143.170
Purchase of property of estate by personal representative.
Section
143.175
Power to make certain investments.
Section
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.
Section
143.185
Power to invest in farm loan bonds and other obligations issued by federal land banks and banks for cooperatives.
Section
143.187
Power to hold stock in name of nominee; personal liability of personal representative.
Section
143.190
Cumulative method of service of process on personal representative; written statement containing permanent address of personal representative to be filed with clerk.
Section
143.200
Actions not to abate on death, disqualification, resignation or removal of personal representative; substitution of successor.
Section
143.210
Necessary parties to actions.
Section
143.300
Short title.
Section
143.305
Definitions.
Section
143.310
"Court supervision" defined.
Section
143.315
"Full authority" defined.
Section
143.320
"Limited authority" defined.
Section
143.325
Applicability.
Section
143.330
Effect of provision in will that prohibits independent administration of estate.
Section
143.335
Independent administration of estate by special administrator.
Section
143.340
Personal representative required to petition for full or limited authority to administer estate.
Section
143.345
Notice of hearing on petition; persons required to receive notice; contents.
Section
143.350
Court required to grant requested authority; exceptions.
Section
143.355
Amount of bond of personal representative.
Section
143.360
Petition for modification or revocation of authority of personal representative; notice; court order.
Section
143.365
Authority to administer estate without court supervision; request for court supervision.
Section
143.370
Court approval or supervision required for certain actions; exceptions.
Section
143.375
Powers of personal representative granted independent administration authority.
Section
143.380
Sale of property of estate; court confirmation of sales not required.
Section
143.400
Requirements for exercise of powers by personal representative.
Section
143.405
Sale or exchange of real property.
Section
143.410
Sale or incorporation of business or joint venture.
Section
143.415
Abandonment of tangible personal property.
Section
143.420
Power to borrow and to encumber property of estate.
Section
143.425
Grant of option to purchase real property of estate.
Section
143.430
Transfer of property to person exercising option to purchase provided in will.
Section
143.435
Conveyance or transfer of real or personal property under certain circumstances.
Section
143.440
Determination of claims to property.
Section
143.445
Disclaimers.
Section
143.450
Preliminary distributions authorized under certain circumstances.
Section
143.455
Actions concerning claims by, for the benefit of, or against the estate.
Section
143.460
Commencement and defense of certain actions and proceedings.
Section
143.465
Modification of terms of obligation to or in favor of decedent.
Section
143.500
Exercise of powers by personal representative; exceptions.
Section
143.505
Management and control of estate property.
Section
143.510
Power to enter contracts without notice; exception.
Section
143.515
Deposit and investment of money of estate.
Section
143.520
Continuation of partnership or other business.
Section
143.525
Payment of family allowance.
Section
143.530
Lease of property of estate.
Section
143.535
Sale or exchange of personal property.
Section
143.540
Grant of exclusive right to sell property.
Section
143.600
Exercise of powers by personal representative.
Section
143.605
Additional powers of personal representative.
Section
143.610
Conveyance or transfer of property under certain circumstances.
Section
143.615
Payment of taxes, assessments and expenses.
Section
143.620
Purchase of annuity under certain circumstances.
Section
143.625
Exercise of option.
Section
143.630
Purchase of securities or commodities to perform incomplete contract of sale.
Section
143.635
Holding securities in name of nominee or in any other form for certain purposes.
Section
143.640
Exercise of security subscription or conversion rights.
Section
143.645
Repairs and improvements to property of estate.
Section
143.650
Acceptance of deed or deed of trust in lieu of foreclosure or trustee’s sale.
Section
143.655
Partial satisfaction of mortgage or partial reconveyance under deed of trust.
Section
143.700
Circumstances pursuant to which notice of proposed action is required or authorized.
Section
143.705
Persons to whom notice of proposed action is required to be given.
Section
143.710
Consent to proposed action.
Section
143.715
Waiver of notice for particular proposed action; general waiver of notice of proposed action.
Section
143.720
Revocation of consent to proposed action or waiver of notice of proposed action.
Section
143.725
Contents of notice of proposed action.
Section
143.730
Requirements for delivery of notice of proposed action.
Section
143.735
Objection to proposed action; requirements for delivery; form; notice of objection to personal representative.
Section
143.740
Restraining order prohibiting proposed action without court supervision; notice of restraining order to personal representative.
Section
143.745
Court authorization or confirmation required if personal representative receives notice of objection or of restraining order.
Section
143.750
Effect of failure to object to proposed action; court review of action by personal representative under certain circumstances.
Section
143.755
Failure of personal representative to comply with certain requirements; validity of actions taken without such compliance.
Section
143.760
Court authorized to remove personal representative from office under certain circumstances.
Section
143.800
Letters testamentary or letters of administration.
Section
143.805
Notice of proposed action.
Section
143.810
Objection to proposed action.
Section
143.815
Consent to proposed action.