2020 Nevada Revised Statutes
Chapter 661 - Organizational Requirements
NRS 661.065 - Liability of persons holding stock in or becoming substituted members of bank in fiduciary capacity.

Universal Citation: NV Rev Stat § 661.065 (2020)

Persons holding stock in banking corporations or becoming substituted members of banking companies as executors, administrators, guardians or trustees are not personally subject to any liabilities as stockholders or members, but the estates and funds in their hands are liable in like manner and to the same extent as the testator, intestate, ward or person interested in the trust fund would be, if living and competent to hold stock in his or her own name.

(Added to NRS by 1971, 975; A 1995, 478)

Disclaimer: These codes may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.