A written acknowledgment of delivery by a custodian constitutes a sufficient receipt and discharge for custodial property transferred to the custodian pursuant to the provisions of this chapter.

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Terms Used In Nevada Revised Statutes 167.043

  • Custodial property: means :

    (a) Any interest in property transferred to a custodian in a manner prescribed in this chapter; and

    (b) The income from and the proceeds of that interest in property. See Nevada Revised Statutes 167.020

  • Custodian: means a person so designated in a manner prescribed in this chapter. See Nevada Revised Statutes 167.020
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