Unlawful for retail trust company to commence business without authorization of Commissioner.

NRS 669.130 Unlawful for retail trust company to commence business without authorization of Commissioner. A retail trust company shall not transact business, except business that is incidental to its organization, until it is authorized by the Commissioner to commence the business of a trust company as provided in this chapter. (Added to NRS by 1969, 1185; A 1983, 1759; 1987, 1944; 1997, 1007; 1999, 845; 2009, 1958)