Nevada § 88A.310 - Management of business and affairs by trustees; giving directions to trustees
Full text of Nevada Nevada Revised Statutes § 88A.310 — Management of business and affairs by trustees; giving directions to trustees, with citation guidance and answers to common questions.
§ 88A.310. Management of business and affairs by trustees; giving directions to trustees
1. Except as otherwise provided in this section, the certificate of trust or the governing
instrument, the business and affairs of a business trust must be managed by or under
the direction of its trustees. To the extent provided in the certificate of trust or the governing instrument,
any person, including a beneficial owner, may direct the trustees or other persons
in the management of the business trust. 2. Except as otherwise provided in the certificate of trust or the governing instrument,
neither the power to give direction to a trustee or other person nor the exercise
thereof by any person, including a beneficial owner, makes the person a trustee. To the extent provided in the certificate of trust or the governing instrument,
neither the power to give direction to a trustee or other person nor the exercise
thereof by a person, including a beneficial owner, causes the person to have duties,
fiduciary or other, or liabilities relating to the power or its exercise to the business
trust or a beneficial owner thereof.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 88A.310
What does Nevada Revised Statutes § 88A.310 cover?
Section 88A.310 ("Management of business and affairs by trustees; giving directions to trustees") 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 § 88A.310?
A common citation format is "Nevada Revised Statutes § 88A.310" (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 § 88A.310 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.