Nevada § 159.119 - Continuing business of protected person
Full text of Nevada Nevada Revised Statutes § 159.119 — Continuing business of protected person, with citation guidance and answers to common questions.
§ 159.119. Continuing business of protected person
A guardian of the estate, with prior approval of the court by order, may continue
any business of the protected person. The order may provide for any one or more of the following: 1. The conduct or reorganization of the business solely by the guardian, jointly by
the guardian with one or more of the partners, shareholders, members, or joint venturers
of the protected person or as a corporation or limited-liability company of which
the protected person is or becomes a shareholder or member. 2. The extent to which the guardian may incur liability of the estate of the protected
person for obligations arising from the continuation of the business. 3. Whether liabilities incurred in the conduct of the business are to be chargeable
solely to the part of the estate of the protected person allocated for use in the
business or to the estate as a whole. 4. The period of time during which the business may be conducted. 5. Any other conditions, restrictions, regulations and requirements as the court considers
proper.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 159.119
What does Nevada Revised Statutes § 159.119 cover?
Section 159.119 ("Continuing business of protected person") 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 § 159.119?
A common citation format is "Nevada Revised Statutes § 159.119" (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 § 159.119 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.