1. The provisions of NRS 164.700 to 164.925, inclusive, do not impose or create a duty of a trustee to make an adjustment between principal and income pursuant to the provisions of NRS 164.795 or 164.796. 2. A trustee shall not be liable for: (a) Not considering whether to make such an adjustment; or (b) Deciding not to make such an adjustment. (Added to NRS by 2003, 1967; A 2009, 801)
Nevada Legal Code