Unlawful to use or advertise word “trust” as part of name; exceptions.
1. Except as otherwise provided in subsection 2, no person or organization formed and doing business under the laws of this state or any other state may:
(a) Use the word “trust” or any direct derivative of that word as a part of its name.
(b) Advertise or use any sign with the word “trust” used as a part of its name.
2. The provisions of subsection 1 do not apply to a person or organization which:
(a) Is supervised by the Commissioner of Financial Institutions pursuant to this chapter or chapters 657 to 668, inclusive, 673 or 677 of NRS;
(b) Is doing business under the laws of the United States or another state relating to banks, savings banks, savings and loan associations or thrift companies;
(c) Is acting under an appointment pursuant to NRS 662.245; or
(d) Is supervised by the Commissioner of Insurance.
Last modified: February 26, 2006