Nevada Revised Statutes 669A.120 – Exchange of license as trust company for license as family trust company
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A trust company licensed pursuant to the provisions of chapter 669 of NRS may exchange its license granted pursuant to that chapter for a license under this chapter, thereby becoming a licensed family trust company, upon providing the Commissioner with satisfactory evidence that at or before the effective date of its license under this chapter, the trust company will:
Terms Used In Nevada Revised Statutes 669A.120
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
1. Satisfy the definition of a family trust company; and
2. Comply with the requirements of NRS 669A.140.