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Code · Nevada · CHAPTER 162 - FIDUCIARIES

NRS 162.160 Definitions.

246 words·~1 min read·/nv/chapter-162-fiduciaries/162-160

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NRS 162.160 Definitions. As used in NRS 162.150 to 162.250 , inclusive, unless the context otherwise requires:
1. “Assignment” includes any written stock power, bond power, bill of sale, deed, declaration of trust or other instrument of transfer.
2. “Claim of beneficial interest” includes a claim of any interest by a decedent’s legatee, distributee, heir or creditor, a beneficiary under a trust, a protected person, a beneficial owner of a security registered in the name of a nominee, or a minor owner of a security registered in the name of a custodian, or a claim of any similar interest, whether the claim is asserted by the claimant or by a fiduciary or by any other authorized person on his or her behalf, and includes a claim that the transfer would be in breach of fiduciary duties.
3. “Corporation” means a private or public corporation, association or trust issuing a security.
4. “Fiduciary” means an executor, administrator, trustee, guardian, committee, conservator, curator, tutor, custodian or nominee.
5. “Person” includes a government, a governmental agency and a political subdivision of a government.
6. “Security” includes any share of stock, bond, debenture, note or other security issued by a corporation which is registered as to ownership on the books of the corporation.
7. “Transfer” means a change on the books of a corporation in the registered ownership of a security.
8. “Transfer agent” means a person employed or authorized by a corporation to transfer securities issued by the corporation.
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