Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE55 BANKS AND RELATED ORGANIZATIONS |
CHAPTER669. Trust Companies |
ORGANIZATION AND LICENSING |
NRS669.115. Retail trust company required to have quarterly meetings.
Latest version.
- The Commissioner may direct that the board of directors or managers of a retail trust company meet at least quarterly in regular meetings to review the books, records, funds and securities held by the retail trust company in its individual and fiduciary capacities and maintain a written record of those meetings for review by the Division.
(Added to NRS by 2009, 1953)