CHAPTER669. Trust Companies  


GENERAL PROVISIONS
NRS 669.010. Declaration of legislative intent.
NRS 669.020. Definitions.
NRS 669.029. “Business of a trust company” and “trust company business” defined.
NRS 669.040. “Court trust” defined.
NRS 669.042. “Family trust company” defined.
NRS 669.045. “Fiduciary” defined.
NRS 669.047. “Grandfathered trust company” defined.
NRS 669.049. “Noncustodial trust company” defined.
NRS 669.050. “Private trust” defined.
NRS 669.065. “Retail trust company” defined.
NRS 669.070. “Trust company” defined.
NRS 669.080. Applicability of chapter.
ORGANIZATION AND LICENSING
NRS 669.083. Retail trust company required to maintain principal office in Nevada.
NRS 669.085. Pre-opening examination by Commissioner; other requirements.
NRS 669.087. License as retail trust company not transferable; change in control required to be reported; application; investigation fee.
NRS 669.090. Unlawful to engage in business of trust company without license.
NRS 669.092. Unlawful for retail trust company to engage in business at office outside Nevada without prior approval.
NRS 669.095. Unlawful to use or advertise word “trust” as part of name; exceptions.
NRS 669.100. Minimum stockholders’ equity required for organization and operation.
NRS 669.110. Certain organizational structure required for domestic trust company; authority to do business in this State required for foreign trust company.
NRS 669.115. Retail trust company required to have quarterly meetings.
NRS 669.116. Requirements concerning management or control of certain trust companies.
NRS 669.117. Directors and managers: Qualifications.
NRS 669.120. Certain provisions required in articles of incorporation or organization of domestic trust company; limitations on use of certain names by foreign trust company.
NRS 669.130. Unlawful for retail trust company to commence business without authorization of Commissioner.
NRS 669.150. Application for license: Contents; fees; regulations; withdrawal of application.
NRS 669.160. Investigation of applicant; rights of applicant upon denial of license; entry of final order; judicial review.
NRS 669.190. Payment of license fees; regulations; deposit in State Treasury.
NRS 669.200. Cancellation of license if retail trust company fails to open for business or maintain regular business hours.
POWERS AND MISCELLANEOUS PROVISIONS
NRS 669.210. Powers of retail trust companies; banking business prohibited.
NRS 669.220. Investments: General requirements.
NRS 669.225. Investments: Trust company may invest in securities and provide services to investment trust or investment company; retail trust company may deposit money held in trust with affiliate.
NRS 669.230. Discontinuing business.
NRS 669.240. Fidelity bonds; insurance.
NRS 669.245. Commissioner authorized to be signatory.
EXAMINATION; REGULATION
NRS 669.250. Fees for examination; frequency of examination.
NRS 669.260. Applicability of other provisions of title.
NRS 669.270. Regulations of Commissioner.
NRS 669.275. Commissioner authorized to require audited financial statement; submission of list of stockholders or members.
DISCIPLINARY ACTION AND REMEDIAL ACTION
NRS 669.280. Authority of Commissioner to take disciplinary action and to close and liquidate business.
NRS 669.281. Authority of Commissioner to remove officer, director, manager or employee of retail trust company; appeal of removal; hearing; judicial review.
NRS 669.2825. Authority of Commissioner to take disciplinary action or initiate proceedings to seize property.
NRS 669.283. Authority of Commissioner to investigate.
NRS 669.2845. Revocation of license; notice and hearing required.
NRS 669.2846. Authority of Commissioner to issue cease and desist order; action to enjoin by Attorney General or Commissioner; appointment of receiver.
NRS 669.2847. Revocation or suspension of license; notice and hearing required; administrative fines.
NRS 669.285. Confidentiality of records and documents.
UNLAWFUL ACTS; PENALTIES
NRS 669.286. Failure to submit required report; fees; regulations.
NRS 669.290. Willful neglect to perform duties imposed by law or failure to conform to material lawful requirement made by Commissioner unlawful; penalty.
NRS 669.295. Administrative fines.
NRS 669.300. Violation of chapter constitutes gross misdemeanor unless otherwise specified.