Nevada § 88A.030 - “Business trust” defined
Full text of Nevada Nevada Revised Statutes § 88A.030 — “Business trust” defined, with citation guidance and answers to common questions.
§ 88A.030. “Business trust” defined
“ Business trust ” means an unincorporated association which: 1. Is created by a governing instrument under which property is held, administered,
managed, controlled, invested, reinvested or operated, or any combination of these,
or business or professional activities for profit are carried on, by a trustee or
trustees for the benefit of the persons entitled to a beneficial interest in the trust
property or as otherwise provided in the governing instrument; and 2. Files a certificate of trust pursuant to NRS 88A.210 . The term includes, without limitation, a trust of the type known at common law as
a business trust or Massachusetts trust, a trust qualifying as a real estate investment
trust pursuant to 26 U.S.C. §§ 856 et seq., as amended, or any successor provision, or a trust qualifying as a real estate mortgage
investment conduit pursuant to 26 U.S.C. § 860D , as amended, or any successor provision.
Frequently Asked Questions About Nevada § 88A.030
What does Nevada Revised Statutes § 88A.030 cover?
Section 88A.030 ("“Business trust” defined") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 88A.030?
A common citation format is "Nevada Revised Statutes § 88A.030" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 88A.030 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.