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Code · Nevada · CHAPTER 88A - BUSINESS TRUSTS

NRS 88A.200 Purpose; prohibition against formation of business trust for certain illegal purposes.

61 words·~1 min read·/nv/chapter-88a-business-trusts/88a-200·

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NRS 88A.200 Purpose; prohibition against formation of business trust for certain illegal purposes.
1. A business trust may be formed to carry on any lawful business or activity.
2. A person shall not form a business trust for any illegal purpose or with the fraudulent intent to conceal any business activity, or lack thereof, from another person or a governmental agency.
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