Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE13 GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS |
CHAPTER162. Fiduciaries |
UNIFORM ACT |
NRS162.020. Definitions.
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1. In NRS 162.010 to 162.140, inclusive, unless the context of subject matter otherwise requires:
(a) “Bank” includes any person or association of persons, whether incorporated or not, carrying on the business of banking.
(b) “Fiduciary” includes a trustee under any trust, expressed, implied, resulting or constructive, executor, administrator, guardian, conservator, curator, receiver, trustee in bankruptcy, assignee for the benefit of creditors, partner, agent, officer of a corporation, public or private, public officer, or any other person acting in a fiduciary capacity for any person, trust or estate.
(c) “Principal” includes any person to whom a fiduciary as such owes an obligation.
2. A thing is done “in good faith” within the meaning of NRS 162.010 to 162.140, inclusive, when it is in fact done honestly, whether it is done negligently or not.
[1:44:1923; NCL § 2985]—(NRS A 1985, 508)