{"data":{"id":"us-nv/nrs-669a.160","jurisdiction":"us-nv","citation":"NRS 669A.160","heading":"Minimum stockholders’ equity required for organization and operation.","body":"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.","path":["TITLE 55 — BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS","CHAPTER 669A - FAMILY TRUST COMPANIES","ORGANIZATION AND LICENSING"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-669A.html#NRS669ASec160","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:45Z","sha256":"8f702ae5cc83a46e2cbf1a775940f1990baaf4f36c44810cab320902bfc740cf","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-669a.150","next":"us-nv/nrs-669a.170"},"notice":"GroundRules: Original legal text. Not legal advice."}