2013 Nevada Revised Statutes
Chapter 396 - Nevada System of Higher Education
NRS 396.836 - Trust bank defined.


NV Rev Stat § 396.836 (2013) What's This?

Trust bank means:

1. A commercial bank 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, 6; A 1999, 1491)

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