NRS 166A.350 Applicable law.
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/nv/chapter-166a-custodial-trusts-uniform-act/166a-350·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 166A.350 Applicable law.
1. This chapter applies to a transfer or declaration creating a custodial trust that refers to this chapter if, at the time of the transfer or declaration, the transferor, beneficiary or custodial trustee is a resident of or has its principal place of business in this State or custodial trust property is located in this State. The custodial trust remains subject to this chapter despite a later change in residence or principal place of business of the transferor, beneficiary or custodial trustee, or removal of the custodial trust property from this State.
2. A transfer made pursuant to an act of another state substantially similar to this chapter is governed by the law of that state and may be enforced in this State.