'Family trust company' means a corporation or limited-liability company that: 1. Acts or proposes to act as a fiduciary; 2. Is organized or qualified to do business in this State to serve family members; and 3. Does not: (a) Transact trust company business with; (b) Propose to act as a fiduciary for; or (c) Solicit trust company business from, a person who is not a family member. (Added to NRS by 2009, 1138)
Nevada Legal Code