Nev. Rev. Stat. § 669.092

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 669.092 - Unlawful for retail trust company to engage in business at office outside Nevada without prior approval
1. It is unlawful for any retail trust company licensed in this State to engage in trust company business at any office outside this State without the prior approval of the Commissioner.
2. Before the Commissioner will approve a branch to be located in another state, the retail trust company must:
(a) Obtain from that state a license as a trust company; or
(b) Provide proof satisfactory to the Commissioner that the retail trust company has met all the requirements to do business as a trust company at an office in that state, including, without limitation, written documentation from the appropriate state agency that the retail trust company is authorized to do business in that state.

NRS 669.092

Added to NRS by 2009, 1952; A 2011, 2593
Added to NRS by 2009, 1952; A 2011, 2593