Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE57 INSURANCE |
CHAPTER682A. Investments |
NRS682A.290. Investments of foreign insurers.
Latest version.
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1. A foreign or alien insurer may make investments permitted by the laws of its domicile if its portfolio of investments is of a quality substantially equal to that required under this chapter for similar funds of like domestic insurers.
2. The provisions of this chapter do not prohibit a foreign or alien insurer from making investments in agricultural real property or ranches.
(Added to NRS by 1971, 1629; A 1981, 633)