Statutes, codes, and regulations
Nevada Revised Statutes
Title 7 - BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIESChapter 88A - BUSINESS TRUSTS
FORMATION
Section 88A.200 - Purpose; prohibition against formation of business trust for certain illegal purposes

Nev. Rev. Stat. § 88A.200

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Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 88A.200 - Purpose; prohibition against formation of business trust for certain illegal purposes
1. A business trust may be formed to carry on any lawful business or activity.
2. A person shall not form a business trust for any illegal purpose or with the fraudulent intent to conceal any business activity, or lack thereof, from another person or a governmental agency.

NRS 88A.200

Added to NRS by 1999, 1562; A 2013, 889
Amended by 2013, Ch. 221,§73, eff. 10/1/2013.
Added to NRS by 1999, 1562