Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE23 PUBLIC OFFICERS AND EMPLOYEES |
CHAPTER286. Public Employees’ Retirement |
INVESTMENTS IN COMPANIES WITH CERTAIN OPERATIONS IN IRAN |
NRS286.717. “Scrutinized business operations” defined.
Latest version.
- “Scrutinized business operations” means any active business operations that:
1. Are subject to or liable for sanctions under the Iran Sanctions Act of 1996, Public Law 104-172, as amended; and
2. Involve the maintenance of:
(a) The company’s existing assets or investments in Iran; or
(b) The deployment of new investments to Iran that meet or exceed the threshold referred to in the Iran Sanctions Act of 1996, as amended.
(Added to NRS by 2009, 2776)