669A.300 - Willful neglect to perform duties imposed by law or failure to conform to material lawful requirement made by Commissioner; removal.
669A.300 Willful neglect to perform duties imposed by law or failure to conform to material lawful requirement made by Commissioner; removal. Each officer, director, manager, member, employee or agent of a licensed family trust company who, following written notice from the Commissioner sent by certified mail, knowingly or willfully:
1. Neglects to perform any duty required by this chapter or other applicable law; or
2. Fails to conform to any material lawful requirement made by the Commissioner,
Ê is subject to removal upon order of the Commissioner.
(Added to NRS by 2009, 1145)