There Is a Newer Version of the Nevada Revised Statutes
2010 Nevada Code
TITLE 55 BANKS AND RELATED ORGANIZATIONS
Chapter 669 Trust Companies
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GENERAL PROVISIONS
- NRS 669.010 Declaration of legislative intent.
- NRS 669.020 Definitions.
- NRS 669.029 "Business of a trust company" and "trust company business" defined.
- NRS 669.040 "Court trust" defined.
- NRS 669.042 "Family trust company" defined.
- NRS 669.045 "Fiduciary" defined.
- NRS 669.047 "Grandfathered trust company" defined.
- NRS 669.049 "Noncustodial trust company" defined.
- NRS 669.050 "Private trust" defined.
- NRS 669.065 "Retail trust company" defined.
- NRS 669.070 "Trust company" defined.
- NRS 669.080 Applicability of chapter. ORGANIZATION AND LICENSING
- NRS 669.083 Retail trust company required to maintain principal office in Nevada.
- NRS 669.085 Pre-opening examination by Commissioner; other requirements.
- NRS 669.087 License as retail trust company not transferable; change in control required to be reported; application; investigation fee.
- NRS 669.090 Unlawful to engage in business of trust company without license.
- NRS 669.092 Unlawful for retail trust company to engage in business at office outside Nevada without prior approval.
- NRS 669.095 Unlawful to use or advertise word "trust" as part of name; exceptions.
- NRS 669.100 Minimum stockholders' equity required for organization and operation.
- NRS 669.110 Certain organizational structure required for domestic trust company; authority to do business in this State required for foreign trust company.
- NRS 669.115 Retail trust company required to have quarterly meetings.
- NRS 669.116 Requirements concerning management or control of certain trust companies.
- NRS 669.117 Directors and managers: Qualifications.
- NRS 669.120 Certain provisions required in articles of incorporation or organization of domestic trust company; limitations on use of certain names by foreign trust company.
- NRS 669.130 Unlawful for retail trust company to commence business without authorization of Commissioner.
- NRS 669.150 Application for license: Contents; fees; regulations; withdrawal of application.
- NRS 669.160 Investigation of applicant; rights of applicant upon denial of license; entry of final order; judicial review.
- NRS 669.190 Payment of license fees; regulations; deposit in State Treasury.
- NRS 669.200 Cancellation of license if retail trust company fails to open for business or maintain regular business hours. POWERS AND MISCELLANEOUS PROVISIONS
- NRS 669.210 Powers of retail trust companies; banking business prohibited.
- NRS 669.220 Investments: General requirements.
- NRS 669.225 Investments: Trust company may invest in securities and provide services to investment trust or investment company; retail trust company may deposit money held in trust with affiliate.
- NRS 669.230 Discontinuing business.
- NRS 669.240 Fidelity bonds; insurance.
- NRS 669.245 Commissioner authorized to be signatory. EXAMINATION; REGULATION
- NRS 669.250 Fees for examination; frequency of examination.
- NRS 669.260 Applicability of other provisions of title.
- NRS 669.270 Regulations of Commissioner.
- NRS 669.275 Commissioner authorized to require audited financial statement; submission of list of stockholders or members. DISCIPLINARY ACTION AND REMEDIAL ACTION
- NRS 669.280 Authority of Commissioner to take disciplinary action and to close and liquidate business.
- NRS 669.281 Authority of Commissioner to remove officer, director, manager or employee of retail trust company.
- NRS 669.282 Authority of Commissioner to seize property, business and assets; duties of Commissioner upon seizure. [Repealed.]
- NRS 669.2825 Authority of Commissioner to take disciplinary action or initiate proceedings to seize property.
- NRS 669.283 Authority of Commissioner of investigate.
- NRS 669.284 Persons entitled to remedy conditions leading to seizure; effect of failure to remedy; receivership and liquidation of assets. [Repealed.]
- NRS 669.2845 Revocation of license; notice and hearing required.
- NRS 669.2846 Authority of Commissioner to issue cease and desist order; action to enjoin by Attorney General or Commissioner; appointment of receiver.
- NRS 669.2847 Revocation or suspension of license; notice and hearing required; administrative fines.
- NRS 669.285 Confidentiality of records and documents. UNLAWFUL ACTS; PENALTIES
- NRS 669.286 Failure to submit required report; fees; regulations.
- NRS 669.290 Willful neglect to perform duties imposed by law or failure to conform to material lawful requirement made by Commissioner unlawful; penalty.
- NRS 669.295 Administrative fines.
- NRS 669.300 Violation of chapter constitutes gross misdemeanor unless otherwise specified.
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