Nevada § 163.550 - Amendment of trust instrument: Provision for termination of status as private foundation

Full text of Nevada Nevada Revised Statutes § 163.550 — Amendment of trust instrument: Provision for termination of status as private foundation, with citation guidance and answers to common questions.

§ 163.550. Amendment of trust instrument: Provision for termination of status as private foundation

In addition to amending, revising, deleting or adding provisions to the articles of

the trust to conform to the sections set out in subsection 3 of NRS 163.540 , the petition may include a request, and the court or judge may authorize any modifications,

revisions, deletions or additions to the term, or to the conditions and provisions

of the articles of any trust subject to the jurisdiction of the court, for the trust

to conform with the requirements for termination of private foundation status as provided

in Section 507, or in order to avoid the tax provided in Section 507(c).

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

Frequently Asked Questions About Nevada § 163.550

What does Nevada Revised Statutes § 163.550 cover?

Section 163.550 ("Amendment of trust instrument: Provision for termination of status as private foundation") 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 § 163.550?

A common citation format is "Nevada Revised Statutes § 163.550" (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 § 163.550 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.