Nevada Revised Statutes 88A.040 – ‘Foreign business trust’ defined
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‘Foreign business trust’ means a business trust formed pursuant to the laws of a foreign nation or other foreign jurisdiction and denominated as such pursuant to those laws.
Terms Used In Nevada Revised Statutes 88A.040
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.