NRS677.610. Authorized investments.

Latest version.

A licensee shall not invest any of its money, except:

      1. As authorized in this chapter;

      2. In legal investments for banks, credit unions or savings associations; or

      3. To the extent of 5 percent or less of its total assets, in preferred stock of corporations which have been given a rating of “A” or better by a national rating service and which are not in default in the payment of dividends.

(Added to NRS by 1975, 1844; A 1981, 1025; 1987, 1244; 1999, 1452)

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');