Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE55 BANKS AND RELATED ORGANIZATIONS |
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. |