NRS 88A.200: Purpose; prohibition against formation of business trust for certain illegal purposes.
Where this section sits in the code
- TITLE 7 — BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES
- CHAPTER 88A - BUSINESS TRUSTS
- FORMATION
1. A business trust may be formed to carry on any lawful business or activity.
2. A person shall not form a business trust for any illegal purpose or with the fraudulent intent to conceal any business activity, or lack thereof, from another person or a governmental agency.
Collected 2026-09-03T05:51:31Z. Source file · JSON