Nevada Revised Statutes 159A.345 – Imposition of penalties upon certain misconduct by guardian
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If a guardian:
Terms Used In Nevada Revised Statutes 159A.345
- Grace period: The number of days you'll have to pay your bill for purchases in full without triggering a finance charge. Source: Federal Reserve
- 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.
- Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
1. Is guilty of gross impropriety in handling the property of the protected minor;
2. Makes a substantial misstatement in any report filed pursuant to NRS 159A.081 or any account filed pursuant to NRS 159A.177; or
3. Willfully fails to file a report required by NRS 159A.081 or an account required by NRS 159A.177 after receiving written notice from the court of the failure to file and a grace period of 2 months after such notification has elapsed, the court may impose a penalty in an amount not to exceed $5,000 and order restitution of any money misappropriated from the estate of a protected minor, which must be paid by the guardian and must not be paid by the estate of the protected minor.