Indemnification of trustee, beneficial owner or other person.
Nev. Rev. Stat. § 88A.400
in effect1. Subject to the standards and restrictions, if any, set forth in the certificate of trust or the governing instrument, a business trust may indemnify and hold harmless a trustee, beneficial owner or other person from and against all claims and demands.
2. The absence of a provision for indemnity in the certificate of trust or governing instrument does not deprive a trustee or beneficial owner of any right to indemnity which is otherwise available to the trustee or beneficial owner pursuant to the laws of this State.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-088A.htmlFetched: 10/4/2026
