2013 Nevada Revised Statutes
Chapter 163 - Trusts
NRS 163.0095 - Electronic trust.


NV Rev Stat § 163.0095 (2013) What's This?

1. An electronic trust is a trust instrument that:

(a) Is written, created and stored in an electronic record;

(b) Contains the electronic signature of the settlor; and

(c) Meets the requirements set forth in this chapter for a valid trust.

2. An electronic trust shall be deemed to be executed in this State if the electronic trust is:

(a) Transmitted to and maintained by a custodian designated in the trust instrument at the custodian s place of business in this State or at the custodian s residence in this State; or

(b) Maintained by the settlor at the settlor s place of business in this State or at the settlor s residence in this State, or by the trustee at the trustee s place of business in this State or at the trustee s residence in this State.

3. The provisions of this section do not apply to a testamentary trust.

(Added to NRS by 2001, 2350)

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