{"data":{"id":"us-nv/nrs-669a.050","jurisdiction":"us-nv","citation":"NRS 669A.050","heading":"“Designated relative” defined.","body":"“Designated relative” means the common ancestor of the family, who may be either a living or deceased person. With regard to:\n1. A licensed family trust company or a family trust company applying to be licensed pursuant to this chapter, the designated relative is the person who is designated in the application for a license or in the annual renewal of a license.\n2. A family trust company other than a family trust company described in subsection 1, the designated relative is any person designated by the family trust company in a letter to the Commissioner sent by certified mail, return receipt requested.","path":["TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS","CHAPTER 669A - FAMILY TRUST COMPANIES","GENERAL PROVISIONS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-669A.html#NRS669ASec050","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:45Z","sha256":"946594965923ef492f88cd82b78f582850691f6dd8f55f1ba1268ea0e1b60057","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-669a.040","next":"us-nv/nrs-669a.060"},"notice":"GroundRules: Original legal text. Not legal advice."}