reglab/housing_qa huggingface dataset:
NV Rev Stat § 668.075 (2021)
2021 Nevada Revised Statutes|Chapter 668 - Prohibited Practices and Penalties|NRS 668.075 - Limitation on advertising or publishing statement of stock.

A bank or an officer or manager of a bank shall not advertise in any manner or publish any statement of the stock authorized or subscribed, unless the amount of stock actually paid up is advertised or published with the advertisement or statement.  (Added to NRS by 1971, 1007; A 1995, 496; 1997, 1006)
NV Rev Stat § 668.085 (2021)
2021 Nevada Revised Statutes|Chapter 668 - Prohibited Practices and Penalties|NRS 668.085 - Unauthorized disclosure of confidential information; penalty.

If any person fails to keep secret the facts and information obtained in the course of, or as a result of, an examination of a bank, except when the duty of such examiner or employee requires him or her to report upon or take official action regarding the affairs of such bank, the person is guilty of a misdemeanor.  (Added to NRS by 1971, 1007)
NV Rev Stat § 668.095 (2021)
2021 Nevada Revised Statutes|Chapter 668 - Prohibited Practices and Penalties|NRS 668.095 - Penalties for making, aiding in making, or suppressing evidence of false or fraudulent report.

  1. An examiner of financial institutions who knowingly and willfully makes any false or fraudulent report of the condition of any bank which has been examined by him or her, with the intent to aid or abet the officers or agents of the bank in continuing to operate an insolvent bank, or if the examiner keeps or accepts any bribe or gratuity given for the purpose of inducing him or her not to file any report of examination of any bank examined by him or her, or neglects to make an examination of any bank because of having received or accepted any bribe or gratuity, is guilty of a category C felony and shall be punished as provided in NRS 193.130.  2. A person who knowingly aids or abets an examiner of financial institutions or any other person in doing or performing any of the acts prohibited in subsection 1 is guilty of a category C felony and shall be punished as provided in NRS 193.130.  3. A person, having knowledge of a report made by an examiner of financial institutions of the condition of any bank, who falsifies, changes, alters or suppresses any such report with the intent to aid or abet the officers or agents of a bank in continuing to operate an insolvent bank, or any such person who keeps or accepts any bribe or gratuity given for the purpose of inducing him or her not to file any such report of examination or to falsify, change, alter or suppress any such report of examination, is guilty of a category C felony and shall be punished as provided in NRS 193.130.  (Added to NRS by 1971, 1008; A 1979, 1491; 1983, 1758; 1995, 1317)
NV Rev Stat § 668.112 (2021)
2021 Nevada Revised Statutes|Chapter 668 - Prohibited Practices and Penalties|NRS 668.112 - Administrative fines.

  1. In addition to any other remedy or penalty, the Commissioner may impose an administrative fine of not more than $10,000 upon a person who:  (a) Without a license, conducts any business or activity for which a license is required pursuant to the provisions of chapters 657 to 668, inclusive, of NRS; or  (b) Violates any provision of chapters 657 to 668, inclusive, of NRS or any regulation adopted pursuant thereto.  2. As used in this section, "license" means any license, certificate, registration, permit or similar type of authorization.  (Added to NRS by 2005, 1849)
NV Rev Stat § 668.115 (2021)
2021 Nevada Revised Statutes|Chapter 668 - Prohibited Practices and Penalties|NRS 668.115 - Violation constitutes misdemeanor unless otherwise specified.

Where no other punishment is provided in chapters 657 to 671, inclusive, of NRS, any person violating any of the provisions of chapters 657 to 671, inclusive, of NRS is guilty of a misdemeanor.  (Added to NRS by 1971, 1008)
NV Rev Stat § 669.010 (2021)
2021 Nevada Revised Statutes|Chapter 669 - Trust Companies|NRS 669.010 - Declaration of legislative intent.

The Legislature finds as facts and determines that:  1. There exists in this State a need, for the protection of the public interest, to regulate companies which are engaged in the trust company business.  2. Such trust companies should be licensed and regulated in such manner as to promote the public advantage and convenience.  3. It is the purpose of this chapter to bring under public supervision those persons who are engaged in or who desire to engage in the business of a trust company, not in connection with banking business, and to insure that there is established in this State an adequate, efficient and competitive trust company service.  (Added to NRS by 1969, 1184)
NV Rev Stat § 669.020 (2021)
2021 Nevada Revised Statutes|Chapter 669 - Trust Companies|NRS 669.020 - Definitions.

As used in this chapter and chapter 669A of NRS, unless the context otherwise requires, the words and terms defined in NRS 669.029 to 669.070, inclusive, have the meanings ascribed to them in those sections.  (Added to NRS by 1969, 1184; A 1999, 842; 2009, 1146, 1956)
NV Rev Stat § 669.029 (2021)
2021 Nevada Revised Statutes|Chapter 669 - Trust Companies|NRS 669.029 - "Business of a trust company" and "trust company business" defined.

Business of a trust company or "trust company business" means the holding out by a person, by advertising, solicitation or other means, that it is available to act as a fiduciary in this state and undertaking to act as a fiduciary in the regular course of its business.  (Added to NRS by 1999, 841)
NV Rev Stat § 669.040 (2021)
2021 Nevada Revised Statutes|Chapter 669 - Trust Companies|NRS 669.040 - "Court trust" defined.

Court trust means a fiduciary relationship created by an appointment, order or decree of any court.  (Added to NRS by 1969, 1184; A 1999, 842)
NV Rev Stat § 669.045 (2021)
2021 Nevada Revised Statutes|Chapter 669 - Trust Companies|NRS 669.045 - "Fiduciary" defined.

  1. "Fiduciary" means a trustee, executor, administrator, guardian of an estate, personal representative, conservator, assignee for the benefit of creditors, receiver, depositary or person that receives on deposit money or property from a public administrator or a person employed or contracted with pursuant to NRS 253.125, as applicable, under any provision of this chapter or from another fiduciary.  2. As used in this section, "administrator" includes servicers or administrators of individual retirement accounts within the meaning of section 408(a) of the Internal Revenue Code of 1986, 26 U.S.C. § 408(a), where the servicer or administrator holds itself out to the public for performance of such services and holds or maintains an ownership interest in the servicing rights of such accounts, or possesses or controls any of the assets of such accounts, including cash.  (Added to NRS by 1999, 841; A 2009, 1956; 2019, 1551)
NV Rev Stat § 669.047 (2021)
2021 Nevada Revised Statutes|Chapter 669 - Trust Companies|NRS 669.047 - "Grandfathered trust company" defined.

Grandfathered trust company means a trust company that:  1. Held a license pursuant to this chapter on March 16, 2009; or  2. Filed an application for a license pursuant to this chapter with the Commissioner on or before March 16, 2009, and held such license on October 1, 2009.  (Added to NRS by 2009, 1948)
NV Rev Stat § 669.049 (2021)
2021 Nevada Revised Statutes|Chapter 669 - Trust Companies|NRS 669.049 - "Noncustodial trust company" defined.

  1. "Noncustodial trust company" means a grandfathered trust company that:  (a) Does not manage, or advise regarding, in the aggregate, more than $100,000,000 worth of a client’s assets;  (b) Does not have custody or control of clients’ assets that exceed 20 percent of the total assets that the trust company manages for all clients; and  (c) To the extent that the trust company has custody or control of a client’s assets, invests such assets pursuant to:  (1) Direction by the client; or  (2) The prudent investor standards of NRS 164.700 to 164.775, inclusive.  2. For the purposes of this section:  (a) "Advise" means to provide investment advice.  (b) "Control" means the ability to invest or transfer cash or any other asset in a fiduciary or client account to any person other than:  (1) In the case of an account for which the trust company acts as fiduciary, the settlor or beneficiary; and  (2) In the case of any other account of a client, the owner of the account.  (c) "Manage" means the exercise of discretion regarding investments, whether or not that discretion is delegated to another person.  (Added to NRS by 2009, 1949)
NV Rev Stat § 669.050 (2021)
2021 Nevada Revised Statutes|Chapter 669 - Trust Companies|NRS 669.050 - "Private trust" defined.

Private trust means a fiduciary relationship other than a court trust.  (Added to NRS by 1969, 1184; A 1999, 843)
NV Rev Stat § 669.065 (2021)
2021 Nevada Revised Statutes|Chapter 669 - Trust Companies|NRS 669.065 - "Retail trust company" defined.

Retail trust company means an entity which is licensed under this chapter.  (Added to NRS by 2009, 1949)
NV Rev Stat § 669.070 (2021)
2021 Nevada Revised Statutes|Chapter 669 - Trust Companies|NRS 669.070 - "Trust company" defined.

Trust company means a corporation or limited-liability company licensed as provided in this chapter and engaged in a trust company business.  (Added to NRS by 1969, 1184; A 1999, 843)
NV Rev Stat § 669.080 (2021)
2021 Nevada Revised Statutes|Chapter 669 - Trust Companies|NRS 669.080 - Applicability of chapter.

  1. This chapter does not apply to a person who:  (a) Does business under the laws of this State, the United States or another state relating to banks, savings banks, savings and loan associations or thrift companies, but if the trust company business conducted in this State is not subject to supervision by a regulatory authority of another jurisdiction, the person must be licensed pursuant to this chapter before engaging in such business in this State;  (b) Is appointed as a fiduciary pursuant to NRS 662.245;  (c) Is acting in the performance of his or her duties as an attorney at law;  (d) Acts as a trustee under a deed of trust;  (e) Acts as a registered agent for a domestic or foreign corporation, limited-liability company, limited partnership or limited-liability partnership;  (f) Acts as a trustee of a trust holding real property for the primary purpose of facilitating any transaction with respect to real estate if he or she is not regularly engaged in the business of acting as a trustee for such trusts;  (g) Engages in the business of a collection agency pursuant to chapter 649 of NRS;  (h) Engages in the business of an escrow agency, escrow agent or escrow officer pursuant to the provisions of chapter 645A or 692A of NRS;  (i) Acts as a trustee of a trust created for charitable or nonprofit purposes if he or she is not regularly engaged in the business of acting as trustee for such trusts;  (j) Receives money or other property as a real estate broker licensed under chapter 645 of NRS on behalf of a principal;  (k) Engages in transactions as a broker-dealer or sales representative pursuant to chapter 90 of NRS;  (l) Acts as a fiduciary under a court trust;  (m) Does business as an insurer authorized to issue policies of life insurance and annuities or endowment contracts in this State and is subject to regulation and control of the Commissioner of Insurance;  (n) Acts as a fiduciary as an individual;  (o) Acts as a family trust company, unless the family trust company is licensed under this chapter. A family trust company which is not licensed under the provisions of this chapter shall be deemed not to be engaged in trust company business for the purposes of this chapter; or  (p) Except as otherwise provided in chapter 669A of NRS, is a family trust company, as defined in NRS 669A.080.  2. A bank, savings bank, savings and loan association or thrift company claiming an exemption from this chapter pursuant to paragraph (a) of subsection 1 must notify the Commissioner of Financial Institutions of its intention to engage in the business of a trust company in this State and present proof satisfactory to the Commissioner of Financial Institutions that its fiduciary activities in this State will be subject to regulation by another jurisdiction.  (Added to NRS by 1969, 1184; A 1981, 339; 1999, 843; 2007, 2725; 2009, 1146, 1956)
NV Rev Stat § 669.083 (2021)
2021 Nevada Revised Statutes|Chapter 669 - Trust Companies|NRS 669.083 - Retail trust company required to maintain principal office in Nevada.

  1. A retail trust company licensed in this State shall maintain its principal office in this State.  2. The conditions for a retail trust company to fulfill the requirements of subsection 1 include, but are not limited to:  (a) A verifiable physical office in this State that conducts such business operations in this State as are necessary to administer trusts in this State;  (b) The presence of an employee that is a resident of Nevada in the principal office who has experience that is satisfactory to the Commissioner in accepting and administering trusts;  (c) Maintenance of originals or true copies of all material business records and accounts of the retail trust company which may be accessed and are readily available for examination by the Division of Financial Institutions;  (d) Maintenance of any cash as a portion of the required stockholders’ equity pursuant to NRS 669.100 in accounts with one or more banks or other financial institutions located in this State;  (e) The provision of services to residents of this State consistent with the business plan provided by the trust company with its license application; and  (f) Such other conditions that the Commissioner may reasonably require to protect the public interest.  (Added to NRS by 2009, 1949; A 2011, 2590)
NV Rev Stat § 669.087 (2021)
2021 Nevada Revised Statutes|Chapter 669 - Trust Companies|NRS 669.087 - License as retail trust company not transferable; change in control required to be reported; application; investigation fee.

  1. A license issued pursuant to this chapter is not transferable or assignable, but upon approval of the Commissioner, a licensee may merge or consolidate with, or transfer its assets and control to, another entity that has been issued a license under this chapter. In making a determination regarding whether to grant such approval, the Commissioner may consider the factors set forth in paragraphs (a) to (m), inclusive, of subsection 2 of NRS 669.085.  2. If there is a change in control of any retail trust company, the chief executive officer or managing member of the retail trust company shall report the fact and the person obtaining control to the Commissioner within 5 business days after obtaining knowledge of the change.  3. A retail trust company shall, within 5 business days after there is a change in the chief executive officer, managing member or a majority of the directors or managing directors of the retail trust company, report the change to the Commissioner. The retail trust company shall include in its report a statement of the past and current business and professional affiliations of each new chief executive officer, managing member, director or managing director. A new chief executive officer, managing member, director or managing director shall furnish to the Commissioner a complete financial statement on a form prescribed by the Commissioner.  4. A person who intends to acquire control of a retail trust company shall submit an application to the Commissioner. The application must be submitted on a form prescribed by the Commissioner. The Commissioner shall conduct an investigation pursuant to NRS 669.160 to determine whether the person has a good reputation for honesty, trustworthiness and integrity and is competent to control the trust company in a manner which protects the interests of the general public.  5. The retail trust company with which the applicant described in subsection 4 is affiliated shall pay the nonrefundable cost of the investigation as the Commissioner requires. If the Commissioner denies the application, the Commissioner may forbid or limit the applicant’s participation in the business of the trust company.  6. As used in this section, "control" means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policy of a retail trust company, or a change in the ownership of at least 25 percent of the outstanding voting stock of, or participating members’ interest in, a retail trust company.  (Added to NRS by 2009, 1951; A 2011, 2592)
NV Rev Stat § 669.090 (2021)
2021 Nevada Revised Statutes|Chapter 669 - Trust Companies|NRS 669.090 - Unlawful to engage in business of trust company without license; exception.

Except as otherwise provided in NRS 669.201 to 669.209, inclusive, it is unlawful for any retail trust company to engage in the business of a trust company without complying with the provisions of this chapter and having a license issued by the Commissioner.  (Added to NRS by 1969, 1184; A 1983, 1758; 1987, 1942; 2009, 1957; 2017, 560)
NV Rev Stat § 669.092 (2021)
2021 Nevada Revised Statutes|Chapter 669 - Trust Companies|NRS 669.092 - Unlawful for retail trust company to engage in business at office outside Nevada without prior approval.

  1. It is unlawful for any retail trust company licensed in this State to engage in trust company business at any office outside this State without the prior approval of the Commissioner.  2. Before the Commissioner will approve a branch to be located in another state, the retail trust company must:  (a) Obtain from that state a license as a trust company; or  (b) Provide proof satisfactory to the Commissioner that the retail trust company has met all the requirements to do business as a trust company at an office in that state, including, without limitation, written documentation from the appropriate state agency that the retail trust company is authorized to do business in that state.  (Added to NRS by 2009, 1952; A 2011, 2593)
NV Rev Stat § 669.095 (2021)
2021 Nevada Revised Statutes|Chapter 669 - Trust Companies|NRS 669.095 - Unlawful to use or advertise word "trust" as part of name; exceptions.

  1. Except as otherwise provided in subsection 2, no person or organization formed and doing business under the laws of this State or any other state may:  (a) Use the word "trust" or any direct derivative of that word as a part of its name.  (b) Advertise or use any sign with the word "trust" used as a part of its name.  2. The provisions of subsection 1 do not apply to a person or organization which:  (a) Is supervised by the Commissioner of Financial Institutions pursuant to this chapter or chapters 657 to 668, inclusive, 673 or 677 of NRS;  (b) Is doing business under the laws of the United States or another state relating to banks, savings banks, savings and loan associations or thrift companies;  (c) Is authorized to engage in the solicitation of trust company business in this State pursuant to NRS 669.205;  (d) Is authorized to act as a fiduciary or solicit trust company business pursuant to NRS 669.207 or establish and maintain a retail trust company office and engage in the business of a trust company in this State pursuant to NRS 669.209;  (e) Is acting under an appointment pursuant to NRS 662.245;  (f) Is supervised by the Commissioner of Insurance; or  (g) Is doing business solely as a community land trust.  3. As used in this section, "community land trust" has the meaning ascribed to it in NRS 82.106.  (Added to NRS by 1983, 466; A 1985, 357; 1987, 1942; 1999, 844; 2007, 93; 2017, 560)
NV Rev Stat § 669.110 (2021)
2021 Nevada Revised Statutes|Chapter 669 - Trust Companies|NRS 669.110 - Certain organizational structure required for domestic trust company; authority to do business in this State required for foreign trust company.

An applicant for a license to conduct the business of a trust company under this chapter must be organized as a corporation or limited-liability company under the laws of this State or authorized to do business in this State as a foreign corporation or foreign limited-liability company.  (Added to NRS by 1969, 1185; A 1999, 844)
NV Rev Stat § 669.115 (2021)
2021 Nevada Revised Statutes|Chapter 669 - Trust Companies|NRS 669.115 - Retail trust company required to have quarterly meetings.

The Commissioner may direct that the board of directors or managers of a retail trust company meet at least quarterly in regular meetings to review the books, records, funds and securities held by the retail trust company in its individual and fiduciary capacities and maintain a written record of those meetings for review by the Division.  (Added to NRS by 2009, 1953)
NV Rev Stat § 669.116 (2021)
2021 Nevada Revised Statutes|Chapter 669 - Trust Companies|NRS 669.116 - Requirements concerning management or control of certain trust companies.

  1. Except as otherwise provided in subsection 3, the affairs and business of a retail trust company organized as a corporation under the laws of this State must be managed or controlled by a board of directors of not less than five in number who must be selected by the stockholders at the annual meeting of stockholders in such manner as may be provided by the bylaws of the corporation.  2. Except as otherwise provided in subsection 3, the affairs and business of a retail trust company organized as a limited-liability company under the laws of this State must be managed or controlled by no fewer than five managers selected from the members as provided in the operating agreement.  3. The Commissioner may authorize a retail trust company to be managed or controlled by no fewer than three directors or managers, as appropriate.  4. The board of directors or managers of a noncustodial trust company must be not less than three in number unless a smaller number is authorized by the Commissioner.  (Added to NRS by 2009, 1953)
NV Rev Stat § 669.117 (2021)
2021 Nevada Revised Statutes|Chapter 669 - Trust Companies|NRS 669.117 - Directors and managers: Qualifications.

  1. No person is eligible to serve as a director or manager of any retail trust company unless the person:  (a) Displays the competence and integrity to transact the business of the retail trust company in a manner which safeguards the interests of the general public; and  (b) Has a financial status consistent with his or her responsibilities to the public.  2. The Commissioner may require any or all new directors or managing directors of a retail trust company to provide such financial and biographical information and verification thereof as the Commissioner deems appropriate, including the completion of any forms required to be completed in connection with the licensing of a retail trust company.  (Added to NRS by 2009, 1953)
NV Rev Stat § 669.120 (2021)
2021 Nevada Revised Statutes|Chapter 669 - Trust Companies|NRS 669.120 - Certain provisions required in articles of incorporation or organization of domestic trust company; limitations on use of certain names by foreign trust company.

  1. If a corporation or limited-liability company that is engaged in trust company business is organized under the laws of this state, the articles of incorporation or articles of organization must contain:  (a) The name adopted by the trust company, which must be such as to distinguish it from any other trust company formed or incorporated in this state, or engaged in the business of a trust company in this state; and  (b) The purpose for which it is formed.  2. The provisions of subsection 1 do not apply to a corporation or limited-liability company engaged in trust company business that is organized under the laws of another state, but it must use a name that distinguishes it from any other trust company organized as or conducting the business of a trust company in this state.  (Added to NRS by 1969, 1185; A 1983, 1759; 1987, 774, 1943; 1997, 1007; 1999, 844)