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Nevada Revised Statutes (Last Updated: December 24, 2014) |
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TITLE55 BANKS AND RELATED ORGANIZATIONS |
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CHAPTER669A. Family Trust Companies |
| GENERAL PROVISIONS |
| NRS 669A.010. Declaration of legislative intent. |
| NRS 669A.020. Definitions. |
| NRS 669A.030. “Affiliate” defined. |
| NRS 669A.040. “Confidential information” defined. |
| NRS 669A.050. “Designated relative” defined. |
| NRS 669A.060. “Family affiliate” defined. |
| NRS 669A.070. “Family member” defined. |
| NRS 669A.080. “Family trust company” defined. |
| NRS 669A.085. “Interested person” defined. |
| NRS 669A.090. “Licensed family trust company” defined. |
| NRS 669A.095. Applicability of chapter. |
| NRS 669A.100. Family trust company not required to be licensed as trust company. |
| NRS 669A.110. Family trust company not required to be licensed but may apply for license. |
| NRS 669A.120. Exchange of license as trust company for license as family trust company. |
| NRS 669A.130. Licensed family trust company has same rights, privileges and exemptions as trust company. |
| NRS 669A.133. Standards for administration and management of trust. |
| NRS 669A.135. Limitations on liability. |
| ORGANIZATION AND LICENSING |
| NRS 669A.140. Requirements for licensed family trust company: Resident officer; physical office; registered agent; licenses and permits; bank account. |
| NRS 669A.150. Unlawful to use or advertise word “trust” as part of name; exceptions. |
| NRS 669A.160. Minimum stockholders’ equity required for organization and operation. |
| NRS 669A.170. Certain organizational structure required for domestic family trust company; authority to do business in this State required for foreign family trust company. |
| NRS 669A.190. Application for license: Contents; fees; regulations; withdrawal of application. |
| NRS 669A.200. Investigation of applicant; rights of applicant upon denial of license; entry of final order; judicial review. |
| NRS 669A.210. Payment of license fees; deposit in State Treasury. |
| POWERS AND MISCELLANEOUS PROVISIONS |
| NRS 669A.220. Powers of family trust companies; banking business prohibited. |
| NRS 669A.225. Authorized actions and transactions; conflicts of interest. |
| NRS 669A.230. Investments. |
| NRS 669A.233. Nonjudicial settlement agreements: Authority to enter; scope; judicial approval. |
| NRS 669A.235. Nonjudicial settlement agreements: Notice to necessary parties; objections; actions alleging fraud, bad faith or willful violation of terms of trust; limitation of liability. |
| NRS 669A.237. Nonjudicial settlement agreements: Refraining from taking authorized action. |
| NRS 669A.240. Discontinuing business. |
| NRS 669A.250. Fidelity bonds; insurance. |
| NRS 669A.255. Annual and final reports. |
| EXAMINATION; REGULATION |
| NRS 669A.260. Fees for examination. |
| NRS 669A.270. Regulations of Commissioner; determination of organization as family trust company. |
| DISCIPLINARY ACTION AND REMEDIAL ACTION |
| NRS 669A.280. Authority of Commissioner to revoke license. |
| UNLAWFUL ACTS; PENALTIES |
| NRS 669A.290. Failure to submit required report; fees; regulations. |
| NRS 669A.300. Willful neglect to perform duties imposed by law or failure to conform to material lawful requirement made by Commissioner; removal. |
| NRS 669A.310. Confidentiality of certain records and documents; authority of Commissioner to use discretion in determining disclosure. |
| NRS 669A.320. Administrative fines. |