NRS 669A.110

Family trust company not required to be licensed but may apply for license

(Added to NRS by 2009, 1139; A 2015, 1210)

A family trust company:

1. Is not required to be licensed pursuant to this chapter or chapter 669 of NRS.

2. May apply for a license as:

(a) A trust company pursuant to chapter 669 of NRS; or

(b) A licensed family trust company pursuant to this chapter.

3. Is subject to the supervision of the Commissioner under this chapter if licensed as a licensed family trust company pursuant to this chapter.

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