Nevada Code § 149.010

1. If it appears to be to the advantage of
the estate to borrow money upon a note or notes, unsecured or to be secured by
a security agreement or other lien upon the personal property of the decedent
or any part thereof, or to be secured by a mortgage upon the real property of
the decedent or any part thereof, or to mortgage or create a security interest
or other lien upon the property or any part thereof, in order to pay the debts
of the decedent, or devises, or expenses or charges of administration, or to
pay, reduce, extend or renew a security interest or agreement or lien or
mortgage existing upon property of the estate, and as often as occasion arises
in the administration of the estate, the court may direct the personal
representative to borrow the money and to execute such note or notes and, in a
proper case, to execute such mortgage, or to give other security by way of
security interest or other lien, or may authorize, in a proper case, the
execution of an extension agreement.
2. If property of the estate consists of
an undivided fractional interest in real or personal property, and it appears
to be to the advantage of the estate to borrow money in order to improve,
utilize, operate or preserve the property jointly with the other co-owner or
co-owners, or in order to pay, reduce, extend or renew some security interest
or agreement, lien or mortgage existing upon the property, including the other
undivided interest or interests therein, the court may direct the personal
representative to borrow the money required for those purposes and to join with
the owner or owners of the other undivided interest or interests in the
property, or their duly authorized representatives or agents, in the execution
of such joint and several note or notes as may be necessary, and to join with
the owner or owners of the other undivided interest or interests in the
property, or their duly authorized representatives or agents, in the execution
of such security agreement, lien or mortgage as may be required to secure the
payment of the note or notes.

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