Persons holding stock in banking corporations or becoming substituted members of banking companies as executors, administrators, guardians or trustees are not personally subject to any liabilities as stockholders or members, but the estates and funds in their hands are liable in like manner and to the same extent as the testator, intestate, ward or person interested in the trust fund would be, if living and competent to hold stock in his or her own name.
(Added to NRS by 1971, 975; A 1995, 478)
Structure Nevada Revised Statutes
Chapter 661 - Organizational Requirements
NRS 661.135 - Directors or managers: Number; selection.
NRS 661.145 - Directors or managers: Qualifications.
NRS 661.165 - Directors: Quarterly meetings and examination of books required; exemption.
NRS 661.185 - Bonds of officers, managers and employees.
NRS 661.195 - Liability of directors, managers, officers and other persons.
NRS 661.235 - Limitation on declaring dividend or making distribution; exception.
NRS 661.240 - Additional limitation on making distribution; definition.