Nevada Revised Statutes

Nev. Rev. Stat. § 163.020 (2026)

Definitions

✓ current as of July 2026

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NRS 163.020 Definitions. As used in NRS 163.010 to 163.200, inclusive, unless the context or subject matter otherwise requires:

1. “Affiliate” means any person directly or indirectly controlling or controlled by another person, or any person under direct or indirect common control with another person. It includes any person with whom a trustee has an express or implied agreement regarding the purchase of trust investments by each from the other, directly or indirectly, except a broker or stock exchange.

2. “Relative” means a spouse, ancestor, descendant, brother or sister.

3. “Trust” means an express trust only.

4. “Trustee” means the person holding property in trust and includes trustees, a corporate as well as a natural person and a successor or substitute trustee.

[1:136:1941; 1931 NCL § 7718.30]—(NRS A 1967, 763; 1985, 510; 1999, 2367; 2015, 3543; 2019, 1863; 2025, 2319)

Notes of Decisions

Cited in 1 case (1 in the last 5 years), 2021–2021 · leading case: Iwaniszek v. Pride Transp., Inc. (D. Nev. 2021).

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Iwaniszek v. Pride Transp., Inc. (D. Nev. 2021). “NRS 163.020(3). But plaintiff does not allege the existence of 9 a trust.”

— Nev. Rev. Stat. § 163.020(3) — 1 case

Iwaniszek v. Pride Transp., Inc. (D. Nev. 2021). “NRS 163.020(3). But plaintiff does not allege the existence of 9 a trust.”

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