Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE31 PUBLIC FINANCIAL ADMINISTRATION |
CHAPTER355. Public Investments |
INVESTMENT IN CORPORATION FOR PUBLIC BENEFIT THAT PROVIDES PRIVATE EQUITY FUNDING FOR CERTAIN BUSINESSES |
NRS355.275. Corporation for public benefit: Placement of investments; use of money received from State Permanent School Fund.
Latest version.
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1. The corporation for public benefit may place investments through the use or assistance of:
(a) External asset managers; or
(b) Private equity investment firms.
2. Money received pursuant to NRS 355.280 by the corporation for public benefit may be used to make venture capital investments.
(Added to NRS by 2011, 2582)