There is a newer version of the Nevada Revised Statutes
2013 Nevada Revised Statutes
Chapter 163 - Trusts
NRS 163.145 - Using power to appoint or distribute income to discharge own legal obligation prohibited.
NV Rev Stat § 163.145 (2013) What's This?
Except as otherwise specifically provided in the trust instrument, a person who holds a power to appoint or distribute income or principal to or for the benefit of others, individually or as trustee, may not use the power to discharge his or her legal obligations.
(Added to NRS by 1999, 2365)
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