Nev. Rev. Stat. § 163.090
Holding stock in name of nominee
Nevada · Nevada Revised Statutes Chapter 163 — Trusts · Status: effective
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- Citation
- Nev. Rev. Stat. § 163.090, Holding stock in name of nominee, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2086465
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Full text
A trustee owning stock may hold it in the name of a nominee without mention of the trust in the stock certificate or stock registration books; providing that:
1. The trust records and all reports or accounts rendered by the trustee clearly show the ownership of the stock by the trustee and the facts regarding its holding; and
2. The nominee shall deposit with the trustee a signed statement showing the trust ownership.
Ê The trustee shall be personally liable for any loss to the trust resulting from any act of such nominee in connection with stock so held.