"Custodial account owner" defined.

Checkout our iOS App for a better way to browser and research.

"Custodial account owner" means any person who:

1. Establishes a custodial account;

2. Has the power to designate the beneficiaries or appoint the custodian of the custodial account;

3. Has the power to direct the investment, disposition or retention of any assets in the custodial account; or

4. Can name an authorized designee to perform the actions described in subsection 3.

(Added to NRS by 2009, 787)


Download our app to see the most-to-date content.