In addition to any other remedy or penalty, the Commissioner may impose an administrative fine of not more than $10,000 upon a person who:
1. Without a license, conducts any business or activity for which a license is required pursuant to the provisions of this chapter; or
2. Violates any provision of this chapter or any regulation adopted pursuant thereto.
(Added to NRS by 2009, 1146)
Structure Nevada Revised Statutes
Chapter 669A - Family Trust Companies
NRS 669A.010 - Declaration of legislative intent.
NRS 669A.030 - "Affiliate" defined.
NRS 669A.035 - "Beneficiary" defined.
NRS 669A.040 - "Confidential information" defined.
NRS 669A.050 - "Designated relative" defined.
NRS 669A.060 - "Family affiliate" defined.
NRS 669A.070 - "Family member" defined.
NRS 669A.080 - "Family trust company" defined.
NRS 669A.082 - "Fiduciary" defined.
NRS 669A.085 - "Interested person" defined.
NRS 669A.090 - "Licensed family trust company" defined.
NRS 669A.094 - Liberal construction of chapter.
NRS 669A.095 - Applicability of chapter.
NRS 669A.097 - Applicability of other provisions of NRS.
NRS 669A.100 - Family trust company not required to be licensed as trust company.
NRS 669A.110 - Family trust company not required to be licensed but may apply for license.
NRS 669A.120 - Exchange of license as trust company for license as family trust company.
NRS 669A.133 - Standards for administration and management of trust.
NRS 669A.135 - Limitations on liability.
NRS 669A.150 - Unlawful to use or advertise word "trust" as part of name; exceptions.
NRS 669A.160 - Minimum stockholders’ equity required for organization and operation.
NRS 669A.190 - Application for license: Contents; fees; regulations; withdrawal of application.
NRS 669A.210 - Payment of license fees; deposit in State Treasury.
NRS 669A.220 - Powers of family trust companies; banking business prohibited.
NRS 669A.222 - Appointment of guardian for certain persons who are not residents of this State.
NRS 669A.225 - Authorized actions and transactions; conflicts of interest.
NRS 669A.233 - Nonjudicial settlement agreements: Authority to enter; scope; judicial approval.
NRS 669A.237 - Nonjudicial settlement agreements: Refraining from taking authorized action.
NRS 669A.240 - Discontinuing business.
NRS 669A.250 - Fidelity bonds; insurance.
NRS 669A.255 - Annual and final reports; allocation to income.
NRS 669A.256 - Sealing of trust documents.
NRS 669A.257 - Privileged communications; applicability of attorney-client relationship.
NRS 669A.260 - Fees for examination.
NRS 669A.270 - Regulations of Commissioner; determination of organization as family trust company.
NRS 669A.280 - Authority of Commissioner to revoke license.
NRS 669A.290 - Failure to submit required report; fees; regulations.