Nev. Rev. Stat. § 682A.572

Quantitative limitation on exempted investments.

Last amended: 2015Year: 2026Length: 69 wordsOfficial source
An insurer shall not acquire any investment or engage in any investment practice in accordance with subsection 2 of NRS 682A.570 if, as a result of and after giving effect to the transaction, the aggregate amount of all investments in any one person held by the insurer in accordance with subsection 1 of NRS 682A.570 would exceed 5 percent of its admitted assets. (Added to NRS by 2015, 3463)
Nev. Rev. Stat. § 682A.572: Quantitative limitation on exempted investments. | Justis AI