{"data":{"id":"us-nv/nrs-669.200","jurisdiction":"us-nv","citation":"NRS 669.200","heading":"Cancellation of license if retail trust company fails to open for business or maintain regular business hours.","body":"The Commissioner shall issue an order cancelling a retail trust company’s license:\n1. If the proposed retail trust company fails to open for business within 6 months after the date the license was issued, or within an additional 6-month extension granted by the Commissioner upon written application and for good cause shown; or\n2. If the retail trust company fails to maintain regular business hours or otherwise conduct the business of a trust company for more than 30 days.","path":["TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS","CHAPTER 669 - TRUST COMPANIES","FOREIGN TRUST COMPANIES"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-669.html#NRS669Sec200","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:45Z","sha256":"ff1cec6f975c4881bbd5005d2f0d523500ce89cedf351ec59de78349bf79633a","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-669.190","next":"us-nv/nrs-669.201"},"notice":"GroundRules: Original legal text. Not legal advice."}