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Statute 669a 120 — Nevada Law | CourtGPT
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Nevada Legal Code

Statute 669a 120

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A trust company licensed pursuant to the provisions of chapter 669 of NRS may exchange its license granted pursuant to that chapter for a license under this chapter, thereby becoming a licensed family trust company, upon providing the Commissioner with satisfactory evidence that at or before the effective date of its license under this chapter, the trust company will: 1. Satisfy the definition of a family trust company; and 2. Comply with the requirements of NRS 669A.140. (Added to NRS by 2009, 1139)