162.020 - Definitions. - Nevada Statutes

162.020  Definitions.

      1.  In NRS 162.010 to 162.140, inclusive, unless the context of subject matter otherwise requires:

      (a) “Bank” includes any person or association of persons, whether incorporated or not, carrying on the business of banking.

      (b) “Fiduciary” includes a trustee under any trust, expressed, implied, resulting or constructive, executor, administrator, guardian, conservator, curator, receiver, trustee in bankruptcy, assignee for the benefit of creditors, partner, agent, officer of a corporation, public or private, public officer, or any other person acting in a fiduciary capacity for any person, trust or estate.

      (c) “Principal” includes any person to whom a fiduciary as such owes an obligation.

      2.  A thing is done “in good faith” within the meaning of NRS 162.010 to 162.140, inclusive, when it is in fact done honestly, whether it is done negligently or not.

      [1:44:1923; NCL § 2985]—(NRS A 1985, 508)