88A.210 - Filing requirements; required and optional provisions of certificate of trust.

88A.210  Filing requirements; required and optional provisions of certificate of trust.

      1.  One or more persons may create a business trust by adopting a governing instrument and signing and filing with the Secretary of State a certificate of trust. The certificate of trust must set forth:

      (a) The name of the business trust;

      (b) The name and address, either residence or business, of at least one trustee;

      (c) The information required pursuant to NRS 77.310;

      (d) The name and address, either residence or business, of each person signing the certificate of trust; and

      (e) Any other information the trustees determine to include.

      2.  Upon the filing of the certificate of trust with the Secretary of State and the payment to the Secretary of State of the required filing fee, the Secretary of State shall issue to the business trust a certificate that the required records with the required content have been filed. From the date of that filing, the business trust is legally formed pursuant to this chapter.

      (Added to NRS by 1999, 1562; A 2003, 3156; 2005, 2268; 2007, 2695)