A corporation or transfer agent registering a security in the name of a person who is a fiduciary or who is described as a fiduciary is not bound to inquire into the existence, extent or correct description of the fiduciary relationship, and thereafter the corporation and its transfer agent may assume without inquiry that the newly registered owner continues to be the fiduciary until the corporation or transfer agent receives written notice that the fiduciary is no longer acting as such with respect to the particular security.
(Added to NRS by 1959, 603)
Structure Nevada Revised Statutes
NRS 162.030 - Application of payment made to fiduciary.
NRS 162.050 - Transfer of negotiable instrument by fiduciary.
NRS 162.060 - Check drawn by fiduciary payable to third person.
NRS 162.070 - Check drawn by and payable to fiduciary.
NRS 162.080 - Deposit in name of fiduciary as such.
NRS 162.090 - Check drawn upon account of principal.
NRS 162.100 - Deposit in personal account of fiduciary.
NRS 162.110 - Deposit in names of two or more trustees.
NRS 162.130 - Cases not provided for in NRS 162.010 to 162.140, inclusive.
NRS 162.140 - Uniformity of interpretation.
NRS 162.170 - Registration in name of fiduciary.
NRS 162.180 - Assignment by fiduciary.
NRS 162.210 - Nonliability of corporation and transfer agent.
NRS 162.220 - Nonliability of third person.
NRS 162.230 - Application of NRS 162.150 to 162.250, inclusive.
NRS 162.240 - Tax obligations.
NRS 162.250 - Uniformity of interpretation.
NRS 162.260 - Succession to powers and duties of original fiduciary.
NRS 162.270 - Continued administration by surviving fiduciary.
NRS 162.280 - Withholding of property from beneficiary.
NRS 162.310 - Limitation on duty of attorney representing fiduciary with respect to principal.