Nevada Revised Statutes 669A.094 – Liberal construction of chapter
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The rule that statutes in derogation of the common law are to be strictly construed has no application to this chapter. This chapter must be liberally construed to give maximum effect to the principle of freedom of disposition and to the enforceability of trust instruments. This chapter will control over any contrary provisions of law.
Terms Used In Nevada Revised Statutes 669A.094
- Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.