2014 Nevada Revised Statutes
Chapter 88A - Business Trusts
NRS 88A.200 - Purpose; prohibition against formation of business trust for certain illegal purposes.

NV Rev Stat § 88A.200 (2014) What's This?

1. A business trust may be formed to carry on any lawful business or activity.

2. A person shall not form a business trust for any illegal purpose or with the fraudulent intent to conceal any business activity, or lack thereof, from another person or a governmental agency.

(Added to NRS by 1999, 1562; A 2013, 889)

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