Nevada Revised Statutes 132.145 – ‘Fiduciary’ defined
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‘ 1. ’Fiduciary’ includes, without limitation, a personal representative, guardian, trustee under any trust, whether express, implied, resulting or constructive, bailee, conservator, curator, receiver or trustee in bankruptcy or an attorney in fact, assignee for the benefit of creditors or agent. The term does not include:
Terms Used In Nevada Revised Statutes 132.145
- Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- Trustee: A person or institution holding and administering property in trust.
(a) A trust protector or trust adviser, except under the terms and conditions expressly provided in the written instrument appointing the trust protector or trust adviser; or
(b) A holder of a power of appointment under the terms of a trust.
2. As used in this section:
(a) ’Trust adviser’ has the meaning ascribed to it in NRS 163.5545.
(b) ’Trust protector’ has the meaning ascribed to it in NRS 163.5547.