{"data":{"id":"us-nv/nrs-88a.030","jurisdiction":"us-nv","citation":"NRS 88A.030","heading":"“Business trust” defined.","body":"“Business trust” means an unincorporated association which:\n1. Is created by a governing instrument under which property is held, administered, managed, controlled, invested, reinvested or operated, or any combination of these, or business or professional activities for profit are carried on, by a trustee or trustees for the benefit of the persons entitled to a beneficial interest in the trust property or as otherwise provided in the governing instrument; and\n2. Files a certificate of trust pursuant to NRS 88A.210.\nÊ The term includes, without limitation, a trust of the type known at common law as a business trust or Massachusetts trust, a trust qualifying as a real estate investment trust pursuant to 26 U.S.C. §§ 856 et seq., as amended, or any successor provision, or a trust qualifying as a real estate mortgage investment conduit pursuant to 26 U.S.C. § 860D, as amended, or any successor provision.","path":["TITLE 7 — BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES","CHAPTER 88A - BUSINESS TRUSTS","GENERAL PROVISIONS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-088A.html#NRS088ASec030","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:31Z","sha256":"bae821bc0384a0471f6d0a7bb58d5f12902d8d5f4738b84e129d43e6fcca1946","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-88a.020","next":"us-nv/nrs-88a.040"},"notice":"GroundRules: Original legal text. Not legal advice."}