Nevada § 396.883 - Legal investments for other persons
Full text of Nevada Nevada Revised Statutes § 396.883 — Legal investments for other persons, with citation guidance and answers to common questions.
§ 396.883. Legal investments for other persons
1. It is legal for any bank, trust company, banker, savings bank or institution, savings
and loan association, investment company and any other person carrying on a banking
or investment business, any insurance company, insurance association, or any other
person carrying on an insurance business, and any executor, administrator, curator,
trustee or any other fiduciary, to invest funds or money in his or her custody in
any of the bonds or other securities issued hereunder. 2. Nothing contained in this section with regard to legal investments relieves any
representative of any corporation or other person of any duty of exercising reasonable
care in selecting securities.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 396.883
What does Nevada Revised Statutes § 396.883 cover?
Section 396.883 ("Legal investments for other persons") 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 § 396.883?
A common citation format is "Nevada Revised Statutes § 396.883" (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 § 396.883 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.