Nevada Revised Statutes Title 55. Banks and Related Organizations § 669.049. “Noncustodial trust company” defined

(a) Does not manage, or advise regarding, in the aggregate, more than $100,000,000 worth of a client's assets;

(b) Does not have custody or control of clients' assets that exceed 20 percent of the total assets that the trust company manages for all clients; and

(c) To the extent that the trust company has custody or control of a client's assets, invests such assets pursuant to:

(a) “Advise” means to provide investment advice.

(b) “Control” means the ability to invest or transfer cash or any other asset in a fiduciary or client account to any person other than:

(c) “Manage” means the exercise of discretion regarding investments, whether or not that discretion is delegated to another person.