Nevada Statutes
§ 669A.160 — Minimum stockholders’ equity required for organization and operation
Nevada § 669A.160
JurisdictionNevada
Title 55BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL
Ch. 669AFamily
ORGANIZATION AND LICENSING
This text of Nevada § 669A.160 (Minimum stockholders’ equity required for organization and operation) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Nev. Rev. Stat. § 669A.160 (2026).
Text
A licensed family trust company must not be organized or operated with a stockholders’ equity of less than $300,000. The full amount of the initial stockholders’ equity must be paid in cash, exclusive of all organization expenses, before the licensed family trust company is authorized to commence business as a licensed family trust company.
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Legislative History
(Added to NRS by 2009, 1140 )
Nearby Sections
15
§ 669A.010
Declaration of legislative intent§ 669A.020
Definitions§ 669A.030
“Affiliate” defined§ 669A.035
“Beneficiary” defined§ 669A.040
“Confidential information” defined§ 669A.050
“Designated relative” defined§ 669A.060
“Family affiliate” defined§ 669A.070
“Family member” defined§ 669A.080
“Family trust company” defined§ 669A.082
“Fiduciary” defined§ 669A.085
“Interested person” defined§ 669A.090
“Licensed family trust company” defined§ 669A.094
Liberal construction of chapter§ 669A.095
Applicability of chapter§ 669A.097
Applicability of other provisions of NRSCite This Page — Counsel Stack
Bluebook (online)
Nevada § 669A.160, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/669A.160.