2014 Nevada Revised Statutes
Chapter 669A - Family Trust Companies
NRS 669A.135 - Limitations on liability.
Notwithstanding the provisions of any law to the contrary, a family trust company or licensed family trust company, or an employee or agent of a family trust company or licensed family trust company, is not liable to an interested person for any transaction, decision to act or decision to not act if the family trust company or licensed family trust company or employee or agent thereof acted in good faith and in reasonable reliance on the express terms of a trust instrument, a written consent agreement or a court order.
(Added to NRS by 2011, 1809)
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