Family Trust Companies

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

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Section
669A.010

Declaration of legislative intent.

Section
669A.020

Definitions.

Section
669A.030

"Affiliate" defined.

Section
669A.035

"Beneficiary" defined.

Section
669A.040

"Confidential information" defined.

Section
669A.050

"Designated relative" defined.

Section
669A.060

"Family affiliate" defined.

Section
669A.070

"Family member" defined.

Section
669A.080

"Family trust company" defined.

Section
669A.082

"Fiduciary" defined.

Section
669A.085

"Interested person" defined.

Section
669A.090

"Licensed family trust company" defined.

Section
669A.094

Liberal construction of chapter.

Section
669A.095

Applicability of chapter.

Section
669A.097

Applicability of other provisions of NRS.

Section
669A.100

Family trust company not required to be licensed as trust company.

Section
669A.110

Family trust company not required to be licensed but may apply for license.

Section
669A.120

Exchange of license as trust company for license as family trust company.

Section
669A.130

Licensed family trust company has same rights, privileges and exemptions as trust company.

Section
669A.133

Standards for administration and management of trust.

Section
669A.135

Limitations on liability.

Section
669A.140

Requirements for licensed family trust company: Resident officer; physical office; registered agent; licenses, registrations and permits; bank account.

Section
669A.150

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

Section
669A.160

Minimum stockholders’ equity required for organization and operation.

Section
669A.170

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

Section
669A.180

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

Section
669A.190

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

Section
669A.200

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

Section
669A.210

Payment of license fees; deposit in State Treasury.

Section
669A.220

Powers of family trust companies; banking business prohibited.

Section
669A.222

Appointment of guardian for certain persons who are not residents of this State.

Section
669A.223

Designation of person to represent and bind beneficiary and receive information regarding trust; exceptions; limitation on liability.

Section
669A.225

Authorized actions and transactions; conflicts of interest.

Section
669A.230

Investments.

Section
669A.233

Nonjudicial settlement agreements: Authority to enter; scope; judicial approval.

Section
669A.235

Nonjudicial settlement agreements: Notice to necessary parties; objections; actions alleging fraud, bad faith or willful violation of terms of trust; limitation of liability.

Section
669A.237

Nonjudicial settlement agreements: Refraining from taking authorized action.

Section
669A.240

Discontinuing business.

Section
669A.250

Fidelity bonds; insurance.

Section
669A.255

Annual and final reports; allocation to income.

Section
669A.256

Sealing of trust documents.

Section
669A.257

Privileged communications; applicability of attorney-client relationship.

Section
669A.260

Fees for examination.

Section
669A.270

Regulations of Commissioner; determination of organization as family trust company.

Section
669A.280

Authority of Commissioner to revoke license.

Section
669A.290

Failure to submit required report; fees; regulations.

Section
669A.300

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

Section
669A.310

Confidentiality of certain records and documents; authority of Commissioner to use discretion in determining disclosure.

Section
669A.320

Administrative fines.