Trust Companies

  1. Law
  2. Nevada Revised Statutes
  3. Trust Companies

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Section
669.010

Declaration of legislative intent.

Section
669.020

Definitions.

Section
669.029

"Business of a trust company" and "trust company business" defined.

Section
669.040

"Court trust" defined.

Section
669.042

"Family trust company" defined.

Section
669.045

"Fiduciary" defined.

Section
669.047

"Grandfathered trust company" defined.

Section
669.049

"Noncustodial trust company" defined.

Section
669.050

"Private trust" defined.

Section
669.065

"Retail trust company" defined.

Section
669.070

"Trust company" defined.

Section
669.080

Applicability of chapter.

Section
669.083

Retail trust company required to maintain principal office in Nevada.

Section
669.085

Pre-opening examination by Commissioner; other requirements.

Section
669.087

License as retail trust company not transferable; change in control required to be reported; application; investigation fee.

Section
669.090

Unlawful to engage in business of trust company without license; exception.

Section
669.092

Unlawful for retail trust company to engage in business at office outside Nevada without prior approval.

Section
669.095

Unlawful to use or advertise word "trust" as part of name; exceptions.

Section
669.100

Minimum stockholders’ equity required for organization and operation.

Section
669.110

Certain organizational structure required for domestic trust company; authority to do business in this State required for foreign trust company.

Section
669.115

Retail trust company required to have quarterly meetings.

Section
669.116

Requirements concerning management or control of certain trust companies.

Section
669.117

Directors and managers: Qualifications.

Section
669.120

Certain provisions required in articles of incorporation or organization of domestic trust company; limitations on use of certain names by foreign trust company.

Section
669.130

Unlawful for retail trust company to commence business without authorization of Commissioner.

Section
669.150

Application for license: Contents; fees; regulations; withdrawal of application.

Section
669.160

Investigation of applicant; rights of applicant upon denial of license; entry of final order; judicial review.

Section
669.190

Payment of license fees; regulations; deposit in State Treasury.

Section
669.200

Cancellation of license if retail trust company fails to open for business or maintain regular business hours.

Section
669.201

Definitions.

Section
669.202

"Foreign independent trust company" defined.

Section
669.203

"Foreign trust company" defined.

Section
669.204

"Home state" defined.

Section
669.205

Foreign independent trust company request to engage in the solicitation of trust company business in this State: Procedure for approval or denial; renewal; fees; conditions and prohibited acts if approved.

Section
669.206

Authority of Commissioner to require an approved foreign independent trust company to maintain a surety bond; amount and form of bond; cancellation of bond.

Section
669.207

Authorization of foreign trust company to act as fiduciary and solicit trust company business in this State; requirements.

Section
669.208

Appointment of Commissioner as agent for service of process; procedure for service of process; continuances; taxable costs; records.

Section
669.209

Foreign trust company request to maintain a retail trust company and engage in business in this State; procedure for denial or approval; fees; conditions; renewal; authorization of Commissioner to investigate; deposit of fees.

Section
669.210

Powers of retail trust companies; banking business prohibited.

Section
669.220

Investments: General requirements.

Section
669.225

Investments: Trust company may invest in securities and provide services to investment trust or investment company; retail trust company may deposit money held in trust with affiliate.

Section
669.230

Discontinuing business.

Section
669.240

Fidelity bonds; insurance.

Section
669.245

Commissioner authorized to be signatory.

Section
669.250

Fees for examination; frequency of examination.

Section
669.260

Applicability of other provisions of certain chapters.

Section
669.270

Regulations of Commissioner.

Section
669.275

Commissioner authorized to require audited financial statement; submission of list of stockholders or members.

Section
669.280

Authority of Commissioner to take disciplinary action and to close and liquidate business.

Section
669.281

Authority of Commissioner to remove officer, director, manager or employee of retail trust company; appeal of removal; hearing; judicial review.

Section
669.283

Authority of Commissioner to investigate.

Section
669.285

Confidentiality of records and documents.

Section
669.286

Failure to submit required report; fees; regulations.

Section
669.290

Willful neglect to perform duties imposed by law or failure to conform to material lawful requirement made by Commissioner unlawful; penalty.

Section
669.295

Administrative fines.

Section
669.300

Violation of chapter constitutes gross misdemeanor unless otherwise specified.

Section
669.2015

"Federal banking regulator" defined.

Section
669.2825

Authority of Commissioner to take disciplinary action or initiate proceedings to seize property.

Section
669.2845

Revocation of license; notice and hearing required.

Section
669.2846

Authority of Commissioner to issue cease and desist order; action to enjoin by Attorney General or Commissioner; appointment of receiver.

Section
669.2847

Revocation or suspension of license; notice and hearing required; administrative fines.