Nevada Revised Statutes 354.5237 – ‘Fiduciary fund’ defined
Current as of: 2023 | Check for updates
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‘Fiduciary fund’ means a fund used to report assets held in a trustee or agency capacity for others and therefore cannot be used to support the programs of the local government.
Terms Used In Nevada Revised Statutes 354.5237
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Trustee: A person or institution holding and administering property in trust.