Definitions — Nevada Code § 167.020

Nevada Code § 167.020 — Definitions. Reproduced from the official Nevada Revised Statutes, with a citation summary, verification link, and related provisions.

§ 167.020. Definitions

In this chapter, unless the context otherwise requires: 1. “Adult” means a person who has attained the age of 18 years. 2. “Benefit plan” means an employer's plan for the benefit of an employee or partner. 3. “Broker” means a person lawfully engaged in the business of effecting transactions

in securities or commodities for his or her own account or for the account of others. 4. “Conservator” means a person appointed or qualified by a court to act as general,

limited or temporary guardian of a minor's property or any other person legally authorized

to perform substantially the same functions. 5. “Court” means the district court. 6. “Custodial property” means: (a) Any interest in property transferred to a custodian in a manner prescribed in

this chapter; and (b) The income from and the proceeds of that interest in property. 7. “Custodian” means a person so designated in a manner prescribed in this chapter.

The term includes a successor or substitute custodian. 8. “Financial institution” means a bank, trust company, savings institution or credit

union chartered and supervised under federal law or the laws of a state. 9. “Legal representative” means a personal representative or conservator. 10. “Member of a minor's family” means a minor's parent, stepparent, spouse, grandparent,

brother, sister, uncle or aunt, whether of the whole blood or the half blood, or by

or through legal adoption. 11. “Minor” means a person who has not attained the age of 18 years. 12. “Person” means any natural person, corporation, organization or other legal entity. 13. “Personal representative” means an executor, administrator, successor personal

representative or special administrator of a decedent's estate or any other person

legally authorized to perform substantially the same functions. 14. “State” means any state of the United States, the District of Columbia, the Commonwealth

of Puerto Rico or any territory or possession subject to the legislative authority

of the United States. 15. “Transfer” means a transaction which creates custodial property in a manner prescribed

in this chapter. 16. “Transferor” means a person who makes a transfer in a manner prescribed in this

chapter. 17. “Trust company” means a financial institution, corporation or other legal entity

authorized to exercise general trust powers.

Source: official Nevada text · Last verified 2026-08-27

At a glance

  • Citation: Nevada Revised Statutes § 167.020
  • Jurisdiction: Nevada
  • Code: Nevada Revised Statutes
  • Subject: Definitions
  • Text: transcribed from the official source (verify below)

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Statute text is transcribed from the official Nevada Revised Statutes. Confirm it against the primary source before relying on it:

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Common questions

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What subject does Nevada Revised Statutes § 167.020 address?

It addresses "Definitions". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.

Is Nevada Revised Statutes § 167.020 still in force?

Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Nevada source before relying on this text.

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