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the Nevada Revised Statutes
2011 Nevada Revised Statutes
Chapter 166 - Spendthrift Trusts
NRS 166.020 - Spendthrift trust defined.
Universal Citation:
NV Rev Stat ยง 166.020 (2011)
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For the purposes of this chapter, a spendthrift trust is defined to be a trust in which by the terms thereof a valid restraint on the voluntary and involuntary transfer of the interest of the beneficiary is imposed. It is an active trust not governed or executed by any use or rule of law of uses.
[1:86:1939; 1931 NCL 6880]
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