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Home » US Law » 2022 Nevada Revised Statutes » TITLE 55—BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL INSTITUTIONS » Chapter 669 - Trust Companies » ORGANIZATION AND LICENSING » NRS 669.130 – Unlawful for retail trust company to commence business without authorization of Commissioner.

A retail trust company shall not transact business, except business that is incidental to its organization, until it is authorized by the Commissioner to commence the business of a trust company as provided in this chapter.

(Added to NRS by 1969, 1185; A 1983, 1759; 1987, 1944; 1997, 1007; 1999, 845; 2009, 1958)