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NEVADA STATUTES AND CODES

163.5535 - “Custodial account owner” defined.

163.5535  “Custodial account owner” defined.  “Custodial account owner” means any person who:

      1.  Establishes a custodial account;

      2.  Has the power to designate the beneficiaries or appoint the custodian of the custodial account;

      3.  Has the power to direct the investment, disposition or retention of any assets in the custodial account; or

      4.  Can name an authorized designee to perform the actions described in subsection 3.

      (Added to NRS by 2009, 787)

     

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