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Nev. Rev. Stat. § 162.020

Definitions

Nevada · Nevada Revised Statutes Chapter 162 — Fiduciaries · Status: effective

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Nev. Rev. Stat. § 162.020, Definitions, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2086142
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1. In NRS 162.010 to 162.140, inclusive, unless the context of subject matter otherwise requires: (a) “Bank” includes any person or association of persons, whether incorporated or not, carrying on the business of banking. (b) “Fiduciary” includes a trustee under any trust, expressed, implied, resulting or constructive, executor, administrator, guardian, conservator, curator, receiver, trustee in bankruptcy, assignee for the benefit of creditors, partner, agent, officer of a corporation, public or private, public officer, or any other person acting in a fiduciary capacity for any person, trust or estate. (c) “Principal” includes any person to whom a fiduciary as such owes an obligation. 2. A thing is done “in good faith” within the meaning of NRS 162.010 to 162.140, inclusive, when it is in fact done honestly, whether it is done negligently or not.