State Codes and Statutes
Statutes > Nevada > Title-30 > Chapter-349 > State-securities-law > 349-208349.208 “Trust bank” defined. “Trust bank” means:
1. A commercial bank as defined in NRS 349.160 that is authorized to exercise and is exercising trust powers.
2. A branch of the Federal Reserve Bank.
3. A credit union whose deposits are insured by the National Credit Union Share Insurance Fund or by a private insurer approved pursuant to NRS 678.755 that is authorized to exercise and is exercising trust powers.
(Added to NRS by 1967, 775; A 1999, 1470)
