Nev. Rev. Stat. § 111.797 – Alteration of type of account; right of survivorship not altered by will | Midpage
§ 111.797
Nev. Rev. Stat. § 111.797
Alteration of type of account; right of survivorship not altered by will
Effective Oct 1, 2011(Added to NRS by 2011, 1432)
1. The rights at death under NRS 111.795 are determined by the type of account at the death of a party. The type of account may be altered by written notice given by a party to the financial institution to change the type of account or to stop or vary payment under the terms of the account. The notice must be signed by a party and received by the financial institution during the party’s lifetime.
2. A right of survivorship arising from the express terms of the account, NRS 111.795 or a POD designation may not be altered by a will.