Nevada Revised Statutes 645G.300 – Client’s money and property: Fiduciary duty of licensee
Current as of: 2023 | Check for updates
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1. Each licensee is a fiduciary of all money, property, other considerations and instruments received by the licensee from the client.
Terms Used In Nevada Revised Statutes 645G.300
- Fiduciary: A trustee, executor, or administrator.
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.