Section 163.020 - Definitions As used in NRS 163.010 to 163.200, inclusive, unless the context or subject matter otherwise requires:
1. "Affiliate" means any person directly or indirectly controlling or controlled by another person, or any person under direct or indirect common control with another person. It includes any person with whom a trustee has an express or implied agreement regarding the purchase of trust investments by each from the other, directly or indirectly, except a broker or stock exchange.2. "Relative" means a spouse, ancestor, descendant, brother or sister.3. "Trust" means an express trust only.4. "Trustee" means the person holding property in trust and includes trustees, a corporate as well as a natural person and a successor or substitute trustee.[1:136:1941; 1931 NCL § 7718.30]-(NRS A 1967, 763; 1985, 510; 1999, 2367; 2015, 3543; 2019, 1863)Amended by 2019, Ch. 309,§25, eff. 10/1/2019.Amended by 2015, Ch. 524,§51, eff. 10/1/2015.[1:136:1941; 1931 NCL § 7718.30 ] - (NRS A 1967, 763; 1985, 510; 1999, 2367)