Nevada Statutes
§ 88A.200 — Purpose; prohibition against formation of business trust for certain illegal purposes
1.A business trust may be formed to carry on any lawful business or activity.
2.A person shall not form a business trust for any illegal purpose or with the fraudulent intent to conceal any business activity, or lack thereof, from another person or a governmental agency.
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Nevada § 88A.200 (Purpose; prohibition against formation of business trust for certain illegal purposes) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Added to NRS by 1999, 1562 ; A 2013, 889 )
Nearby Sections
15
§ 88A.010
Definitions§ 88A.020
“Beneficial owner” defined§ 88A.030
“Business trust” defined§ 88A.040
“Foreign business trust” defined§ 88A.050
“Governing instrument” defined§ 88A.057
Registered agent” defined§ 88A.060
“Registered office” defined§ 88A.110
“Trustee” defined