645G.300 - Client’s money and property: Fiduciary duty of licensee. - Nevada Statutes - USA Laws Searching

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

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.

      (Added to NRS by 2007, 3106)

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