Nevada § 452.100 - Trustees of endowment care fund: Appointment; right of director to serve; limitation on compensation; appointment of bank or trust company as sole trustee
Full text of Nevada Nevada Revised Statutes § 452.100 — Trustees of endowment care fund: Appointment; right of director to serve; limitation on compensation; appointment of bank or trust company as sole trustee, with citation guidance and answers to common questions.
§ 452.100. Trustees of endowment care fund: Appointment; right of director to serve; limitation on compensation; appointment of bank or trust company as sole trustee
1. The cemetery authority may appoint a board of trustees of not less than three in
number as trustees of its endowment care fund. The members of the board of trustees shall hold office subject to the direction of
the cemetery authority. 2. The directors of a cemetery authority, if any, may be the trustee of its endowment
care fund. When the fund is in the care of the directors as a board of trustees, the secretary
of the cemetery authority shall act as its secretary and keep a true record of all
of its proceedings. 3. No sum in excess of 5 percent of the income derived from the fund in any year shall
be paid as compensation to the board of trustees for its services as trustee. 4. In lieu of the appointment of a board of trustees of its endowment care fund, any
cemetery authority may appoint as sole trustee of its endowment care fund any bank
or trust company qualified under the laws of the State of Nevada to engage in the
trust business.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 452.100
What does Nevada Revised Statutes § 452.100 cover?
Section 452.100 ("Trustees of endowment care fund: Appointment; right of director to serve; limitation on compensation; appointment of bank or trust company as sole trustee") 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 § 452.100?
A common citation format is "Nevada Revised Statutes § 452.100" (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 § 452.100 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.