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 |
NRS286.725. Inapplicability to certain investments.
Latest version.
- The provisions of NRS 286.721 and 286.723 do not apply to:
1. Money invested in a defined contribution plan that is authorized by the Internal Revenue Code and administered by the Board; or
2. Investments in a company that is primarily engaged in:
(a) Supplying goods or services intended to relieve human suffering in Iran; or
(b) Promoting health, education, religious, welfare or journalistic activities in Iran.
(Added to NRS by 2009, 2777)