NRS645G.300. Client’s money and property: Fiduciary duty of licensee.  


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  •       1.  Each licensee is a fiduciary of all money, property, other considerations and instruments received by the licensee from the client.

          2.  Each licensee shall invest money related to a tax-deferred exchange of property in investments which meet the reasonable standards that are applicable to persons acting as fiduciaries in this State.

      (Added to NRS by 2007, 3106)