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2013 Nevada Revised Statutes
Chapter 349 - State Obligations
NRS 349.208 - Trust bank defined.


NV Rev Stat § 349.208 (2013) What's This?

Trust bank means:

1. A commercial bank as defined in NRS 349.160 that is authorized to exercise and is exercising trust powers.

2. A branch of the Federal Reserve Bank.

3. A credit union whose deposits are insured by the National Credit Union Share Insurance Fund or by a private insurer approved pursuant to NRS 678.755 that is authorized to exercise and is exercising trust powers.

(Added to NRS by 1967, 775; A 1999, 1470)

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