{"data":{"id":"us-nv/nrs-90.450","jurisdiction":"us-nv","citation":"NRS 90.450","heading":"Custody of client’s securities and money.","body":"1. Unless prohibited by regulation or order of the Administrator, an investment adviser registered under the Investment Advisers Act of 1940 may take or retain custody of securities or money of a client.\n2. To the extent permitted by regulation or order of the Administrator, an investment adviser exempt from registration under the Investment Advisers Act of 1940, but licensed as an investment adviser under this chapter, may take or retain custody of securities or money of a client.","path":["TITLE 7 — BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES","CHAPTER 90 - SECURITIES (UNIFORM ACT)","REGISTRATION OF SECURITIES EXCHANGES"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-090.html#NRS090Sec450","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:31Z","sha256":"56dbdf2eec5cb0d8e99556c8b5b289fe5c7f830b0b8904f8b26ce89bdfc8d241","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-90.440","next":"us-nv/nrs-90.453"},"notice":"GroundRules: Original legal text. Not legal advice."}