Nevada Code § 159.117

Court approval required to make certain investments and loans and to exercise certain options; certain investments authorized without prior approval; investing property of two or more protected persons
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1. Upon approval of the court by order, a
guardian of the estate may:
(a) Invest the property of the protected person,
make loans and accept security therefor, in the manner and to the extent
authorized by the court.
(b) Exercise options of the protected person to
purchase or exchange securities or other property.
2. A guardian of the estate may, without
securing the prior approval of the court, invest the property of the protected
person in the following:
(a) Savings accounts in any bank, credit union,
savings and loan association or savings bank in this State, to the extent that
the deposits are insured by the Federal Deposit Insurance Corporation, the
National Credit Union Share Insurance Fund or a private insurer approved
pursuant to NRS 672.755 .
(b) Interest-bearing obligations of or fully
guaranteed by the United States.
(c) Interest-bearing obligations of the United
States Postal Service.
(d) Interest-bearing obligations of the Federal
National Mortgage Association.
(e) Interest-bearing general obligations of this
State.
(f) Interest-bearing general obligations of any
county, city or school district of this State.
(g) Money market mutual funds which are invested
only in those instruments listed in paragraphs (a) to (f), inclusive.
3. A guardian of the estate for two or
more protected persons may invest the property of two or more of the protected
persons in property in which each protected person whose property is so
invested has an undivided interest. The guardian shall keep a separate record
showing the interest of each protected person in the investment and in the
income, profits or proceeds therefrom. As used in this subsection, protected
person includes a protected minor.
4. Upon approval of the court, for a
period authorized by the court, a guardian of the estate may maintain the
assets of the protected person in the manner in which the protected person had
invested the assets before the incapacity of the protected person.
5. A guardian of the estate may access or
manage a guardianship account via the Internet on a secured website established
by the bank, credit union or broker holding the account.

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