Nevada Revised Statutes
Chapter 669A - Family Trust Companies

NRS 669A.010 - Declaration of legislative intent. - The Legislature finds as facts and determines that: 1. There...

NRS 669A.020 - Definitions. - As used in this chapter, unless the context otherwise requires,...

NRS 669A.030 - "Affiliate" defined. - "Affiliate" means a family affiliate of any family member of...

NRS 669A.035 - "Beneficiary" defined. - "Beneficiary" has the meaning ascribed to it in NRS 132.050....

NRS 669A.040 - "Confidential information" defined. - "Confidential information" includes: 1. The names of stockholders, members or...

NRS 669A.050 - "Designated relative" defined. - "Designated relative" means the common ancestor of the family, who...

NRS 669A.060 - "Family affiliate" defined. - "Family affiliate" means a company or other entity with respect...

NRS 669A.070 - "Family member" defined. - 1. "Family member" includes, without limitation, the designated relative and:...

NRS 669A.080 - "Family trust company" defined. - "Family trust company" means a corporation or limited-liability company that:...

NRS 669A.082 - "Fiduciary" defined. - "Fiduciary" means: 1. A person described in NRS 132.145; 2....

NRS 669A.085 - "Interested person" defined. - "Interested person" means a person, other than the grantor of...

NRS 669A.090 - "Licensed family trust company" defined. - "Licensed family trust company" means a trust company licensed pursuant...

NRS 669A.094 - Liberal construction of chapter. - The rule that statutes in derogation of the common law...

NRS 669A.095 - Applicability of chapter. - Except as otherwise provided in this chapter or by specific...

NRS 669A.097 - Applicability of other provisions of NRS. - 1. Except as otherwise specified in the trust or in...

NRS 669A.100 - Family trust company not required to be licensed as trust company. - A family trust company is not required to be licensed...

NRS 669A.110 - Family trust company not required to be licensed but may apply for license. - A family trust company: 1. Is not required to be...

NRS 669A.120 - Exchange of license as trust company for license as family trust company. - A trust company licensed pursuant to the provisions of chapter...

NRS 669A.130 - Licensed family trust company has same rights, privileges and exemptions as trust company. - Except as otherwise provided in NRS 669A.150, a family trust...

NRS 669A.133 - Standards for administration and management of trust. - While acting as the fiduciary of a trust, a family...

NRS 669A.135 - Limitations on liability. - Notwithstanding the provisions of any law to the contrary, a...

NRS 669A.140 - Requirements for licensed family trust company: Resident officer; physical office; registered agent; licenses, registrations and permits; bank account. - A licensed family trust company shall maintain: 1. At least...

NRS 669A.150 - Unlawful to use or advertise word "trust" as part of name; exceptions. - 1. Except as otherwise provided in subsections 2 and 3,...

NRS 669A.160 - Minimum stockholders’ equity required for organization and operation. - A licensed family trust company must not be organized or...

NRS 669A.170 - Certain organizational structure required for domestic family trust company; authority to do business in this State required for foreign family trust company. - An applicant for a license to conduct business as a...

NRS 669A.180 - Certain provisions required in articles of incorporation, certificate of incorporation or articles of organization of domestic family trust company; limitation on use of certain names by foreign trust company. - 1. If a licensed family trust company is organized under...

NRS 669A.190 - Application for license: Contents; fees; regulations; withdrawal of application. - 1. An applicant for a license as a family trust...

NRS 669A.200 - Investigation of applicant; rights of applicant upon denial of license; entry of final order; judicial review. - 1. Within 60 days after the application for a license...

NRS 669A.210 - Payment of license fees; deposit in State Treasury. - 1. On or before April 1 of each year, each...

NRS 669A.220 - Powers of family trust companies; banking business prohibited. - 1. A family trust company may, but only for family...

NRS 669A.222 - Appointment of guardian for certain persons who are not residents of this State. - Any court of competent jurisdiction may appoint a guardian of...

NRS 669A.223 - Designation of person to represent and bind beneficiary and receive information regarding trust; exceptions; limitation on liability. - 1. Except as otherwise provided in subsections 2 and 3,...

NRS 669A.225 - Authorized actions and transactions; conflicts of interest. - 1. In addition to the transactions authorized by NRS 669A.230...

NRS 669A.230 - Investments. - 1. Except as otherwise provided in subsection 2, the assets...

NRS 669A.233 - Nonjudicial settlement agreements: Authority to enter; scope; judicial approval. - 1. A family trust company or licensed family trust company...

NRS 669A.235 - Nonjudicial settlement agreements: Notice to necessary parties; objections; actions alleging fraud, bad faith or willful violation of terms of trust; limitation of liability. - 1. A family trust company or licensed family trust company...

NRS 669A.237 - Nonjudicial settlement agreements: Refraining from taking authorized action. - 1. A family trust company or licensed family trust company...

NRS 669A.240 - Discontinuing business. - Whenever a licensed family trust company desires to discontinue its...

NRS 669A.250 - Fidelity bonds; insurance. - 1. The directors or managers of a licensed family trust...

NRS 669A.255 - Annual and final reports; allocation to income. - 1. Except as otherwise provided in subsection 4, a family...

NRS 669A.256 - Sealing of trust documents. - 1. In any court proceeding relating to a trust or...

NRS 669A.257 - Privileged communications; applicability of attorney-client relationship. - 1. Any communication between an attorney and a family trust...

NRS 669A.260 - Fees for examination. - 1. The Commissioner may examine the books and records of...

NRS 669A.270 - Regulations of Commissioner; determination of organization as family trust company. - 1. The Commissioner may adopt such regulations as may be...

NRS 669A.280 - Authority of Commissioner to revoke license. - 1. The violation of any of the provisions of this...

NRS 669A.290 - Failure to submit required report; fees; regulations. - 1. If a licensed family trust company fails to submit...

NRS 669A.300 - Willful neglect to perform duties imposed by law or failure to conform to material lawful requirement made by Commissioner; removal. - Each officer, director, manager, member, employee or agent of a...

NRS 669A.310 - Confidentiality of certain records and documents; authority of Commissioner to use discretion in determining disclosure. - 1. Except as otherwise provided in this section, any application...

NRS 669A.320 - Administrative fines. - In addition to any other remedy or penalty, the Commissioner...