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NRS 452.705

Trust fund for endowment care: Minimum sums

(Added to NRS by 1993, 2754)

1. Each trust fund for the endowment care of a cemetery for pets must contain a principal sum of not less than $25,000.

2. When the trust fund has not less than $75,000 on deposit, the initial $25,000 may be withdrawn.

3. The trust fund once having reached $50,000 may not be decreased below that amount.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.