Sections
General Provisions 356.005 – 356.007
Deposit of State Money in Bank, Credit Union, Savings and Loan Association or Savings Bank 356.010 – 356.110
Deposit of County Money in Bank, Credit Union, Savings and Loan Association or Savings Bank 356.120 – 356.200
Depository Bonds of Surety Companies 356.210 – 356.230
Program to Monitor Collateral Maintained by Certain Depositories 356.300 – 356.390

Terms Used In Nevada Revised Statutes > Chapter 356 - Depositories of Public Money and Securities

  • Articles: means either the articles of incorporation of a professional corporation or the articles of organization of a professional limited-liability company. See Nevada Revised Statutes 89.020
  • 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
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Grantor: The person who establishes a trust and places property into it.
  • Licensed: means legally authorized by the appropriate regulating board of this State to engage in a regulated profession in this State. See Nevada Revised Statutes 89.020
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • mortgage: includes a deed of trust. See Nevada Revised Statutes 0.037
  • National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
  • Professional association: means a common-law association of two or more persons licensed or otherwise legally authorized to render professional service within this State when created by written articles of association which contain in substance the following provisions characteristic of corporate entities:

    (a) The death, insanity, bankruptcy, retirement, resignation, expulsion or withdrawal of any member of the association does not cause its dissolution. See Nevada Revised Statutes 89.020

  • Professional corporation: means a corporation organized under this chapter to render a professional service. See Nevada Revised Statutes 89.020
  • Professional entity: means either a professional corporation or a professional limited-liability company. See Nevada Revised Statutes 89.020
  • Professional limited-liability company: means a limited-liability company organized pursuant to this chapter to render professional service. See Nevada Revised Statutes 89.020
  • Professional service: means any type of personal service which may legally be performed only pursuant to a license, certificate of registration or other legal authorization. See Nevada Revised Statutes 89.020
  • Regulating board: means the body which regulates and authorizes the admission to the profession which a professional entity or a professional association is authorized to perform. See Nevada Revised Statutes 89.020