669A.050 - “Designated relative” defined. - Nevada Statutes

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Statutes > Nevada > Title-55 > Chapter-669a > General-provisions > 669a-050

669A.050 “Designated relative” defined. “Designated relative” means the common ancestor of the family, who may be either a living or deceased person. With regard to:

1. A licensed family trust company or a family trust company applying to be licensed pursuant to this chapter, the designated relative is the person who is designated in the application for a license or in the annual renewal of a license.

2. A family trust company other than a family trust company described in subsection 1, the designated relative is any person designated by the family trust company in a letter to the Commissioner sent by certified mail, return receipt requested.

(Added to NRS by 2009, 1137)

State Codes and Statutes

Statutes > Nevada > Title-55 > Chapter-669a > General-provisions > 669a-050

669A.050 “Designated relative” defined. “Designated relative” means the common ancestor of the family, who may be either a living or deceased person. With regard to:

1. A licensed family trust company or a family trust company applying to be licensed pursuant to this chapter, the designated relative is the person who is designated in the application for a license or in the annual renewal of a license.

2. A family trust company other than a family trust company described in subsection 1, the designated relative is any person designated by the family trust company in a letter to the Commissioner sent by certified mail, return receipt requested.

(Added to NRS by 2009, 1137)

State Codes and Statutes

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State Codes and Statutes

Statutes > Nevada > Title-55 > Chapter-669a > General-provisions > 669a-050

669A.050 “Designated relative” defined. “Designated relative” means the common ancestor of the family, who may be either a living or deceased person. With regard to:

1. A licensed family trust company or a family trust company applying to be licensed pursuant to this chapter, the designated relative is the person who is designated in the application for a license or in the annual renewal of a license.

2. A family trust company other than a family trust company described in subsection 1, the designated relative is any person designated by the family trust company in a letter to the Commissioner sent by certified mail, return receipt requested.

(Added to NRS by 2009, 1137)