1. If a corporation or limited-liability company that is engaged in trust company business is organized under the laws of this state, the articles of incorporation or articles of organization must contain:
(a) The name adopted by the trust company, which must be such as to distinguish it from any other trust company formed or incorporated in this state, or engaged in the business of a trust company in this state; and
(b) The purpose for which it is formed.
2. The provisions of subsection 1 do not apply to a corporation or limited-liability company engaged in trust company business that is organized under the laws of another state, but it must use a name that distinguishes it from any other trust company organized as or conducting the business of a trust company in this state.
(Added to NRS by 1969, 1185; A 1983, 1759; 1987, 774, 1943; 1997, 1007; 1999, 844)
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