{"data":{"id":"us-nv/nrs-645g.350","jurisdiction":"us-nv","citation":"NRS 645G.350","heading":"Exchange funds required to be kept separate.","body":"All exchange funds must be kept separate from money belonging to the licensee and must be deposited in a financial institution that is federally insured or insured by a private insurer approved pursuant to NRS 672.755 unless another financial institution has been designated in writing in the exchange agreement. The money when deposited must be designated as “trust funds” or “escrow accounts” or under some other appropriate name indicating that the money is not the money of the licensee.","path":["TITLE 54 — PROFESSIONS, OCCUPATIONS AND BUSINESSES","CHAPTER 645G - EXCHANGE FACILITATORS","MONEY RECEIVED BY LICENSEE; FIDELITY BONDS OR DEPOSITS; INSURANCE"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-645G.html#NRS645GSec350","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:45Z","sha256":"26a8e0c7867e528ef7e5aa45f31b0a7b6aaa452614cf96e675ef0edd93895736","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-645g.340","next":"us-nv/nrs-645g.360"},"notice":"GroundRules: Original legal text. Not legal advice."}