Nevada § 88A.7345 List or statement to be maintained at principal place of business or with custodian of records; requirement to assist in criminal investigation; failure to comply; regulations

Nevada Statutes

§ 88A.7345 — List or statement to be maintained at principal place of business or with custodian of records; requirement to assist in criminal investigation; failure to comply; regulations

Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 88A Business· FOREIGN BUSINESS TRUSTS

1. A foreign business trust shall maintain at its principal place of business in this State or with its custodian of records:

(a)A current list of its beneficial owners; or

(b)A statement indicating where such a list is maintained. 2. Upon the request of the Secretary of State, the foreign business trust shall:

(a)Provide the Secretary of State with the name and contact information of the custodian of the list described in subsection 1. The information required pursuant to this paragraph shall be kept confidential by the Secretary of State.

(b)Provide written notice to the Secretary of State within 10 days after any change in the information contained in the list described in subsection 1. 3. Upon the request of any law enforcement agency in the course of a criminal investigation, the

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1. A foreign business trust shall maintain at its principal place of business in this State or with its custodian of records:
(a) A current list of its beneficial owners; or
(b) A statement indicating where such a list is maintained.
2. Upon the request of the Secretary of State, the foreign business trust shall:
(a) Provide the Secretary of State with the name and contact information of the custodian of the list described in subsection 1. The information required pursuant to this paragraph shall be kept confidential by the Secretary of State.
(b) Provide written notice to the Secretary of State within 10 days after any change in the information contained in the list described in subsection 1.
3. Upon the request of any law enforcement agency in the course of a criminal investigation, the Secretary of State may require a foreign business trust to:
(a) Submit to the Secretary of State, within 3 business days, a copy of the list required to be maintained pursuant to subsection 1; or
(b) Answer any interrogatory submitted by the Secretary of State that will assist in the criminal investigation.
4. If a foreign business trust fails to comply with any requirement pursuant to subsection 3, the Secretary of State may take any action necessary, including, without limitation, the suspension or revocation of the right of the foreign business trust to transact business in this State.
5. The Secretary of State shall not reinstate or revive the right of a foreign business trust to transact business in this State that was revoked or suspended pursuant to subsection 4 unless:
(a) The foreign business trust complies with the requirements of subsection 3; or
(b) The law enforcement agency conducting the investigation advises the Secretary of State to reinstate or revive the right of the foreign business trust to transact business in this State.
6. The Secretary of State may adopt regulations to administer the provisions of this section.

Nevada § 88A.7345 (List or statement to be maintained at principal place of business or with custodian of records; requirement to assist in criminal investigation; failure to comply; regulations) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.