The Trust Advisor Blog: “Nevada’s Financial Institutions Division, the state agency that supervises trust companies, and its Commissioner George E. Burns can celebrate a long fought victory for promoting major trust company regulatory reforms and carrying them through the legislature to the Governors’ desk. The new law, Nevada Senate Bill SB-310, provides for $1 million in capital to be posted, a 330% increase in the requirement needed to license and maintain a retail trust company in the state.”
Nevada’s New Trust Company Laws Effective 10/1/09
About the Author: On the Net
This blog post links to the quoted article found else where on the internet. Click on the lnk to read the entire article.