Nev. Rev. Stat. § 682A.167

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 682A.167 - "Qualified business entity" defined

"Qualified business entity" means a business entity that is:

1. An issuer of obligations or preferred stock that is rated 1 or 2 by the SVO or an issuer of obligations, preferred stock or derivative instruments that are rated the equivalent of 1 or 2 by the SVO or by a nationally recognized statistical rating organization recognized by the SVO; or

2. A primary dealer in United States government securities, recognized by the Federal Reserve Bank of New York.

NRS 682A.167

Added to NRS by 2015, 3422

Added by 2015, Ch. 522,§108, eff. 7/1/2015.