Nevada § 163.345 - Participation in reorganization

Full text of Nevada Nevada Revised Statutes § 163.345 — Participation in reorganization, with citation guidance and answers to common questions.

§ 163.345. Participation in reorganization

A fiduciary may: 1. Unite with other owners of property similar to any which may be held at any time

in the decedent's estate or in any trusts in carrying out any plan for the consolidation

or merger, dissolution or liquidation, foreclosure, lease or sale of the property,

incorporation or reincorporation, reorganization or readjustment of the capital or

financial structure of any corporation, company or association the securities of which

may form any portion of an estate or trust; 2. Become and serve as a member of a stockholders or bondholders protective committee; 3. Deposit securities in accordance with any plan agreed upon; 4. Pay any assessments, expenses or sums of money that may be required for the protection

or furtherance of the interest of the distributees of an estate or beneficiaries of

any trust with reference to any such plan; and 5. Receive as investments of any estate or any trust any securities issued as a result

of the execution of such plan.

Source: official Nevada text · Last verified 2026-08-27

Frequently Asked Questions About Nevada § 163.345

What does Nevada Revised Statutes § 163.345 cover?

Section 163.345 ("Participation in reorganization") 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 § 163.345?

A common citation format is "Nevada Revised Statutes § 163.345" (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 § 163.345 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.