Nevada Code § 163.120

Claims based on certain contracts or obligations: Assertion against trust; entry of judgment; notice; intervention; personal liability of trustee; significance of use of certain terms
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1. A claim based on a contract entered
into by a trustee in the capacity of representative, or on an obligation
arising from ownership or control of trust property, may be asserted against
the trust by proceeding against the trustee in the capacity of representative,
whether or not the trustee is personally liable on the claim.
2. A judgment may not be entered in favor
of the plaintiff in the action unless the plaintiff proves that within 30 days
after filing the action, or within 30 days after the filing of a report of an
early case conference if one is required, whichever is longer, or within such
other time as the court may fix, and more than 30 days before obtaining the
judgment, the plaintiff notified each of the beneficiaries known to the trustee
who then had a present interest, or in the case of a charitable trust, the Attorney
General and any corporation which is a beneficiary or agency in the performance
of the charitable trust, of the existence and nature of the action. The notice
must be given by mailing copies to the beneficiaries at their last known
addresses. The trustee shall furnish the plaintiff a list of the beneficiaries
to be notified, and their addresses, within 10 days after written demand
therefor, and notification of the persons on the list constitutes compliance
with the duty placed on the plaintiff by this section. Any beneficiary, or in
the case of charitable trusts the Attorney General and any corporation which is
a beneficiary or agency in the performance of the charitable trust, may
intervene in the action and contest the right of the plaintiff to recover.
3. Except as otherwise provided in this
chapter or in the contract, a trustee is not personally liable on a contract
properly entered into in the capacity of representative in the course of
administration of the trust unless the trustee fails to reveal the
representative capacity or identify the trust in the contract. The addition of
the word trustee or the words as trustee after the signature of a trustee
to a contract are prima facie evidence of an intent to exclude the trustee from
personal liability.

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