Nevada Revised Statutes 669A.080 – ‘Family trust company’ defined

‘Family trust company’ means a corporation or limited-liability company that:

Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Fiduciary: A trustee, executor, or administrator.
person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039

1. Acts or proposes to act as a fiduciary;

2. Is organized or qualified to do business in this State to serve family members; and

3. Does not:

(a) Transact trust company business with;

(b) Propose to act as a fiduciary for; or

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