NRS 645G.300 Client’s money and property: Fiduciary duty of licensee.
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NRS 645G.300 Client’s money and property: Fiduciary duty of licensee.
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.