"Family trust company" defined.

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"Family trust company" means a corporation or limited-liability company that:

1. Acts or proposes to act as a fiduciary;

2. Is organized or qualified to do business in this State to serve family members; and

3. Does not:

(a) Transact trust company business with;

(b) Propose to act as a fiduciary for; or

(c) Solicit trust company business from,

a person who is not a family member.

(Added to NRS by 2009, 1138)


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