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

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1. Except as otherwise provided in subsections 2 and 3, or pursuant to the provisions of NRS 669.095, a family trust company formed and doing business under the laws of this State or any other state shall not:

(a) Advertise its services to the public; or

(b) Use the word "trust" or any direct derivative of that word as a part of its name.

2. The provisions of subsection 1 do not apply to a family trust company which is licensed pursuant to chapter 669 of NRS.

3. The provisions of paragraph (b) of subsection 1 do not apply to a licensed family trust company.

(Added to NRS by 2009, 1139)


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