NRS 669A.050
“Designated relative” defined.

“Designated relative” means the common ancestor of the family, who may be either a living or deceased person. With regard to:

1.

A licensed family trust company or a family trust company applying to be licensed pursuant to this chapter, the designated relative is the person who is designated in the application for a license or in the annual renewal of a license.

2.

A family trust company other than a family trust company described in subsection 1, the designated relative is any person designated by the family trust company in a letter to the Commissioner sent by certified mail, return receipt requested.

Source: Section 669A.050 — “Designated relative” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-669A.­html#NRS669ASec050.

Last Updated

Jun. 24, 2021

§ 669A.050’s source at nv​.us