A Certificate of Cancellation for Nevada Business Trust is a legal document issued by the Nevada Secretary of State to officially dissolve a business trust in the state of Nevada. This certificate serves as proof that the trust has been properly canceled and is no longer in existence. There are two types of Certificate of Cancellation for Nevada Business Trust: 1) Voluntary Cancellation and 2) Statutory Cancellation. Voluntary Cancellation is when the trust is voluntarily dissolved by its trustees and beneficiaries. Statutory Cancellation is when the trust is dissolved due to a failure to comply with the Nevada Business Trust Act or by order of a court. The Certificate of Cancellation must be signed by the trustees of the trust and filed with the Nevada Secretary of State. Once the Certificate is filed, the Nevada Secretary of State will issue a Certificate of Cancellation, which will serve as proof of the trust's dissolution.