Nevada § 164.775 - Terms and language of trust which authorize certain investments or strategies
Full text of Nevada Nevada Revised Statutes § 164.775 — Terms and language of trust which authorize certain investments or strategies, with citation guidance and answers to common questions.
§ 164.775. Terms and language of trust which authorize certain investments or strategies
The following terms or comparable language in the terms of a trust, unless otherwise
limited or modified, authorizes any investment or strategy permitted under NRS 164.700 to 164.775 , inclusive: “ investments permissible by law for investment of trust funds ,” “ legal investments ,” “ authorized investments ,” “ using the judgment and care under the circumstances then prevailing that persons of
prudence, discretion and intelligence exercise in the management of their own affairs,
not in regard to speculation but in regard to the permanent disposition of their funds,
considering the probable income as well as the probable safety of their capital ,” “ prudent man rule ,” “ prudent trustee rule ,” “ prudent person rule ” and “ prudent investor rule .”
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 164.775
What does Nevada Revised Statutes § 164.775 cover?
Section 164.775 ("Terms and language of trust which authorize certain investments or strategies") 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 § 164.775?
A common citation format is "Nevada Revised Statutes § 164.775" (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 § 164.775 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.