669A.080 - “Family trust company” defined.

669A.080  “Family trust company” defined.  “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,

Ê a person who is not a family member.

(Added to NRS by 2009, 1138)