NRS 669A.120: Exchange of license as trust company for license as family trust company.
Where this section sits in the code
- TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS
- CHAPTER 669A - FAMILY TRUST COMPANIES
- GENERAL PROVISIONS
A trust company licensed pursuant to the provisions of chapter 669 of NRS may exchange its license granted pursuant to that chapter for a license under this chapter, thereby becoming a licensed family trust company, upon providing the Commissioner with satisfactory evidence that at or before the effective date of its license under this chapter, the trust company will:
1. Satisfy the definition of a family trust company; and
2. Comply with the requirements of NRS 669A.140.
Collected 2026-09-03T05:51:45Z. Source file · JSON