NRS163.5535. “Custodial account owner” defined.  


Latest version.
  •   “Custodial account owner” means any person who:

          1.  Establishes a custodial account;

          2.  Has the power to designate the beneficiaries or appoint the custodian of the custodial account;

          3.  Has the power to direct the investment, disposition or retention of any assets in the custodial account; or

          4.  Can name an authorized designee to perform the actions described in subsection 3.

      (Added to NRS by 2009, 787)