Nevada Revised Statutes 669A.170 – Certain organizational structure required for domestic family trust company; authority to do business in this State required for foreign family trust company
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An applicant for a license to conduct business as a licensed family trust company under this chapter must be organized as a corporation or limited-liability company under the laws of this State or authorized to do business in this State as a foreign corporation or foreign limited-liability company.
Terms Used In Nevada Revised Statutes 669A.170
- 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.