Nevada § 166.140 - Perpetuities
Full text of Nevada Nevada Revised Statutes § 166.140 — Perpetuities, with citation guidance and answers to common questions.
§ 166.140. Perpetuities
A spendthrift trust may not continue for a period longer than that allowed under NRS 111.103 to 111.1039 , inclusive. The free alienation of the legal estate by the trustee may not be suspended for a
period exceeding the limit prescribed in any constitutional or statutory prohibition
against perpetuities existing in this State or in the state where the lands affected
by the trust are situate, but a contingent remainder in fee may be created on a prior
remainder in fee, to take effect if the persons to whom the first remainder is limited
die under the age of 21 years, or upon any other contingency by which the estate of
those persons may be determined before they attain that age.
Frequently Asked Questions About Nevada § 166.140
What does Nevada Revised Statutes § 166.140 cover?
Section 166.140 ("Perpetuities") 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 § 166.140?
A common citation format is "Nevada Revised Statutes § 166.140" (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 § 166.140 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.