Nevada Code § 163.340

Exercise of options, rights and privileges
Open in Lexace · Ask the AI about this section
A fiduciary may:
1. Exercise all options, rights and
privileges to convert stocks, bonds, debentures, notes, mortgages or other
property into other stocks, bonds, debentures, notes, mortgages or other
property;
2. Subscribe for other or additional
stocks, bonds, debentures, notes, mortgages or other property; and
3. Hold such stocks, bonds, debentures,
notes, mortgages or other property so acquired as investments of the estate or
trust so long as the fiduciary deems advisable.

‹ Prev All Nevada sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.