Nevada § 143.535 - Sale or exchange of personal property
Full text of Nevada Nevada Revised Statutes § 143.535 — Sale or exchange of personal property, with citation guidance and answers to common questions.
§ 143.535. Sale or exchange of personal property
1. The personal representative who has limited authority or full authority has the
power to sell personal property of the estate or to exchange personal property of
the estate for other property upon such terms and conditions as the personal representative
may determine. Except as otherwise provided in subsection 2, the personal representative shall
give notice of the proposed action pursuant to NRS 143.700 to 143.760 , inclusive, in exercising this power. 2. The personal representative may exercise the power granted by subsection 1 without
giving notice of the proposed action pursuant to NRS 143.700 to 143.760 , inclusive, in case of the sale or exchange of any of the following: (a) A security sold on an established stock or bond exchange; (b) A security designated as a national market system security on an interdealer quotation
system, or subsystem thereof, by the National Association of Securities Dealers Automated
Quotations System, NASDAQ, sold through a broker-dealer registered under the Securities
Exchange Act of 1934, 15 U.S.C. §§ 78a et seq., during the regular course of business of the broker-dealer; (c) Subscription rights for the purchase of additional securities which are owned
by the estate by reason of the estate's ownership in securities if those rights are
sold for cash; or (d) Personal property which is perishable if the property is sold for cash.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 143.535
What does Nevada Revised Statutes § 143.535 cover?
Section 143.535 ("Sale or exchange of personal property") 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 § 143.535?
A common citation format is "Nevada Revised Statutes § 143.535" (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 § 143.535 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.