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Current as of January 01, 2025 | Updated by Findlaw Staff
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.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 55. Banks and Related Organizations § 669.092. Unlawful for retail trust company to engage in business at office outside Nevada without prior approval - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-55-banks-and-related-organizations/nv-rev-st-669-092/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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