2014 Nevada Revised Statutes
Chapter 669A - Family Trust Companies
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 licensed family trust company who, following written notice from the Commissioner sent by certified mail, knowingly or willfully:
1. Neglects to perform any duty required by this chapter or other applicable law; or
2. Fails to conform to any material lawful requirement made by the Commissioner,
is subject to removal upon order of the Commissioner.
(Added to NRS by 2009, 1145)
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