‘Trust lands’ means those lands that were granted by the Federal Government to the State of Nevada directly or by an exchange for other lands, and are held in trust for the State Permanent School Fund or another beneficiary.

Terms Used In Nevada Revised Statutes 321.0008

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC