Nev. Rev. Stat. § 350.564
“Trust bank” defined
Nevada · Nevada Revised Statutes Chapter 350 — Municipal Obligations · Status: effective
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- Citation
- Nev. Rev. Stat. § 350.564, “Trust bank” defined, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2104823
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Full text
“Trust bank” means:
1. A commercial bank as defined in NRS 350.512 that is authorized to exercise and is exercising trust powers.
2. A branch of the Federal Reserve Bank.
3. A credit union whose deposits are insured by the National Credit Union Share Insurance Fund or by a private insurer approved pursuant to NRS 672.755 that is authorized to exercise and is exercising trust powers.