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

  1. Law
  2. Nevada Revised Statutes
  3. Family Trust Companies
  4. Family trust company not required to be licensed but may apply for license.

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A family trust company:

1. Is not required to be licensed pursuant to this chapter or chapter 669 of NRS.

2. May apply for a license as:

(a) A trust company pursuant to chapter 669 of NRS; or

(b) A licensed family trust company pursuant to this chapter.

3. Is subject to the supervision of the Commissioner under this chapter if licensed as a licensed family trust company pursuant to this chapter.

(Added to NRS by 2009, 1139; A 2015, 1210)


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