Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE55 BANKS AND RELATED ORGANIZATIONS |
CHAPTER669A. Family Trust Companies |
GENERAL PROVISIONS |
NRS669A.080. “Family trust company” defined.
Latest version.
- “Family trust company” means a corporation or limited-liability company that:
1. Acts or proposes to act as a fiduciary;
2. Is organized or qualified to do business in this State to serve family members; and
3. Does not:
(a) Transact trust company business with;
(b) Propose to act as a fiduciary for; or
(c) Solicit trust company business from,
Ê a person who is not a family member.
(Added to NRS by 2009, 1138)