Nevada Revised Statutes 143.465 – Modification of terms of obligation to or in favor of decedent
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The personal representative who has limited authority or full authority has the power to extend, renew or in any manner modify the terms of an obligation owing to or in favor of the decedent or the estate.
Terms Used In Nevada Revised Statutes 143.465
- Decedent: A deceased person.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.