Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE57 INSURANCE |
CHAPTER692C. Holding Companies |
FORMATION AND ACQUISITION OF SUBSIDIARIES; MERGERS |
NRS692C.150. Exemption from restrictions on investments.
Latest version.
- Investments in common stock, preferred stock, debt obligations or other securities of subsidiaries made pursuant to NRS 692C.140 shall not be subject to any of the otherwise applicable restrictions or prohibitions contained in this chapter which are applicable to such investments.
(Added to NRS by 1973, 1039)