Nevada § 166A.200 - Form and effect of receipt and acceptance by custodial trustee; jurisdiction
Full text of Nevada Nevada Revised Statutes § 166A.200 — Form and effect of receipt and acceptance by custodial trustee; jurisdiction, with citation guidance and answers to common questions.
§ 166A.200. Form and effect of receipt and acceptance by custodial trustee; jurisdiction
1. Obligations of a custodial trustee, including, without limitation, the obligation
to follow the directions of the beneficiary, arise under this chapter upon the custodial
trustee's acceptance, express or implied, of the custodial trust property. 2. The custodial trustee's acceptance may be evidenced by a writing stating in substance: CUSTODIAL TRUSTEE'S RECEIPT AND ACCEPTANCE I, _____ (name of custodial trustee), acknowledge receipt of the custodial trust property
described below or in the attached instrument and accept the custodial trust as custodial
trustee for _____ (name of beneficiary) under the Nevada Uniform Custodial Trust Act. I undertake
to administer and distribute the custodial trust property pursuant to the Nevada Uniform
Custodial Trust Act. My obligations as custodial trustee are subject to the directions
of the beneficiary unless the beneficiary is designated as, is or becomes incapacitated.
The custodial trust property consists of _________________________. Dated: ____________________________ ___________________________________ (Signature of Custodial Trustee) 3. Upon accepting custodial trust property, a person designated as custodial trustee
under this chapter is subject to personal jurisdiction of the court with respect to
any matter relating to the custodial trust.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 166A.200
What does Nevada Revised Statutes § 166A.200 cover?
Section 166A.200 ("Form and effect of receipt and acceptance by custodial trustee; jurisdiction") 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 § 166A.200?
A common citation format is "Nevada Revised Statutes § 166A.200" (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 § 166A.200 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.