163.5535 - “Custodial account owner” defined.
163.5535 “Custodial account owner” defined. “Custodial account owner” means any person who:
1. Establishes a custodial account;
2. Has the power to designate the beneficiaries or appoint the custodian of the custodial account;
3. Has the power to direct the investment, disposition or retention of any assets in the custodial account; or
4. Can name an authorized designee to perform the actions described in subsection 3.
(Added to NRS by 2009, 787)