Nevada § 163.030 - Loan of money held in trust
Full text of Nevada Nevada Revised Statutes § 163.030 — Loan of money held in trust, with citation guidance and answers to common questions.
§ 163.030. Loan of money held in trust
1. Except as provided in NRS 163.040 , no corporate trustee shall lend trust funds to itself or an affiliate, or to any
director, officer, or employee of itself or of an affiliate. 2. Except as otherwise: (a) Provided in a trust instrument and: (1) Consented to by all beneficiaries of the trust; or (2) Performed in accordance with a notice of a proposed action provided pursuant to NRS 164.725 ; or (b) Approved by a court, a noncorporate trustee, including a limited-liability company, shall not lend trust
funds to itself, himself or herself, or to a relative, employer, employee, partner,
member or other business associate.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 163.030
What does Nevada Revised Statutes § 163.030 cover?
Section 163.030 ("Loan of money held in trust") 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 § 163.030?
A common citation format is "Nevada Revised Statutes § 163.030" (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 § 163.030 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.