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Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 669A.050: “Designated relative” defined.

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Where this section sits in the code
  1. TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS
  2. CHAPTER 669A - FAMILY TRUST COMPANIES
  3. GENERAL PROVISIONS

“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.

Collected 2026-09-03T05:51:45Z. Source file · JSON

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