Cancellation of license if retail trust company fails to open for business or maintain regular business hours.

Nev. Rev. Stat. § 669.200
in effect
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The Commissioner shall issue an order cancelling a retail trust company’s license: 1. If the proposed retail trust company fails to open for business within 6 months after the date the license was issued, or within an additional 6-month extension granted by the Commissioner upon written application and for good cause shown; or 2. If the retail trust company fails to maintain regular business hours or otherwise conduct the business of a trust company for more than 30 days.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-669.htmlFetched: 10/4/2026

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