NRS 164.070 – Short title.
NRS 164.070 to 164.100, inclusive, may be cited as the Uniform Common Trust Fund Act. [1:21:1955]—(NRS A 1999, 2379)
NRS 164.070 to 164.100, inclusive, may be cited as the Uniform Common Trust Fund Act. [1:21:1955]—(NRS A 1999, 2379)
1. Any bank or trust company qualified to act as fiduciary in this State, or in any other state if affiliated with a bank or trust company qualified to act as fiduciary in this State, may: (a) Establish common trust funds to furnish investments to itself and its affiliated bank or trust company as fiduciary […]
Unless ordered by a court of competent jurisdiction, the bank or trust company operating common trust funds is not required to render a court accounting with regard to those funds, but it may, by petition to the court, secure approval of such an accounting on such conditions as the court may establish. [3:21:1955]—(NRS A 1999, […]
NRS 164.070 to 164.100, inclusive, must be so interpreted and construed as to effectuate their general purpose to make uniform the law of those states which enact them. [4:21:1955]—(NRS A 1999, 2380)