NRS 645G.300: Client’s money and property: Fiduciary duty of licensee.
Where this section sits in the code
- TITLE 54 — PROFESSIONS, OCCUPATIONS AND BUSINESSES
- CHAPTER 645G - EXCHANGE FACILITATORS
- MONEY RECEIVED BY LICENSEE; FIDELITY BONDS OR DEPOSITS; INSURANCE
1. Each licensee is a fiduciary of all money, property, other considerations and instruments received by the licensee from the client.
2. Each licensee shall invest money related to a tax-deferred exchange of property in investments which meet the reasonable standards that are applicable to persons acting as fiduciaries in this State.
Collected 2026-09-03T05:51:45Z. Source file · JSON