Nevada § 143.510 - Power to enter contracts without notice; exception
Full text of Nevada Nevada Revised Statutes § 143.510 — Power to enter contracts without notice; exception, with citation guidance and answers to common questions.
§ 143.510. Power to enter contracts without notice; exception
1. The personal representative who has limited authority or full authority has the
power to enter into a contract to carry out the exercise of a specific power granted
pursuant to NRS 143.300 to 143.815 , inclusive, including, without limitation, the powers granted by NRS 143.505 and 143.605 . Except as otherwise provided in subsection 2, the personal representative may exercise
this power without giving notice of the proposed action pursuant to NRS 143.700 to 143.760 , inclusive. 2. The personal representative shall comply with the requirements of NRS 143.700 to 143.760 , inclusive, and shall give notice of a proposed action where the contract is one
that by its provisions is not to be fully performed within 2 years after the date
the parties entered into the contract, except that the personal representative is
not required to comply with those requirements if the personal representative has
the unrestricted right under the contract to terminate the contract within 2 years
after the date the parties entered into the contract. 3. Nothing in this section excuses compliance with the requirements of NRS 143.700 to 143.760 , inclusive, when the contract is made to carry out the exercise of a specific power,
and the provision that grants that power requires compliance with NRS 143.700 to 143.760 , inclusive, for the exercise of the power.
Frequently Asked Questions About Nevada § 143.510
What does Nevada Revised Statutes § 143.510 cover?
Section 143.510 ("Power to enter contracts without notice; exception") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 143.510?
A common citation format is "Nevada Revised Statutes § 143.510" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 143.510 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.