Nevada § 163.117 - Ex parte order restraining trustee from taking certain actions

§ 163.117. Ex parte order restraining trustee from taking certain actions

1. On petition or ex parte application of a beneficiary or trustee, the court, with

or without bond, may enter an ex parte order restraining a trustee from performing

specified acts of administration, disbursement or distribution, or exercising any

powers or discharging any duties of the office, or enter any other order to secure

proper performance of the duties of the office to be effective until further order

of the court. Notwithstanding any other provision of law, if it appears to the court that the

trustee otherwise may take action that would jeopardize unreasonably the interest

of the petitioner, another beneficiary or the trust, the court may enter the ex parte

order. A person with whom the personal representative may transact business may be made

a party to the ex parte order. 2. An ex parte order entered pursuant to subsection 1 must be set for hearing within

10 days after entry of the ex parte order, unless the parties otherwise agree, or

on a date the court otherwise determines is in the best interest of the trust. 3. Notice of entry of the ex parte order entered pursuant to subsection 1 must be

given by the petitioner or applicant to the trustee and the attorney of record of

the trustee, if any, to any other party named as a party in the ex parte order and

as otherwise directed by the court. 4. The court may impose a fine on a beneficiary or trustee who obtains an ex parte

order pursuant to this section without probable cause. 5. The court may, at any time, terminate an ex parte order entered pursuant to subsection

1 on its own motion or upon petition of the trustee if it no longer appears to the

court that the trustee otherwise may take action that would jeopardize unreasonably

the interest of the petitioner, another beneficiary or the trust.