Clients money and property: Fiduciary duty of licensee.
Nev. Rev. Stat. § 645G.300
in effect1. Each licensee is a fiduciary of all money, property, other considerations and instruments received by the licensee from the client.
2. Each licensee shall invest money related to a tax-deferred exchange of property in investments which meet the reasonable standards that are applicable to persons acting as fiduciaries in this State.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-645G.htmlFetched: 10/4/2026