NRS 669A.160: Minimum stockholders’ equity required for organization and operation.
Where this section sits in the code
- TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS
- CHAPTER 669A - FAMILY TRUST COMPANIES
- ORGANIZATION AND LICENSING
A licensed family trust company must not be organized or operated with a stockholders’ equity of less than $300,000. The full amount of the initial stockholders’ equity must be paid in cash, exclusive of all organization expenses, before the licensed family trust company is authorized to commence business as a licensed family trust company.
Collected 2026-09-03T05:51:45Z. Source file · JSON