Nev. Rev. Stat. § 645G.300
Client’s money and property: Fiduciary duty of licensee
Nevada · Nevada Revised Statutes Chapter 645G — Exchange Facilitators · Status: effective
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- Citation
- Nev. Rev. Stat. § 645G.300, Client’s money and property: Fiduciary duty of licensee, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2142016
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Full text
1. Each licensee is a fiduciary of all money, property, other considerations and instruments received by the licensee from the client.
2. Each licensee shall invest money related to a tax-deferred exchange of property in investments which meet the reasonable standards that are applicable to persons acting as fiduciaries in this State.