Nev. Rev. Stat. § 692C.160

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 692C.160 - Determination of qualification of investment

Whether or not any investment made pursuant to NRS 692C.140 meets the applicable requirements thereof is to be determined before such investment is made by calculating the applicable investment limitations as though the investment has already been made, taking into account the then outstanding principal balance on all previous investments in debt obligations, the value of all previous investments in equity securities as of the date they were made and the net of any return of capital invested, not including dividends.

NRS 692C.160

Added to NRS by 1973, 1039; A 2013, 3360
Amended by 2013, Ch. 511,§16, eff. 10/1/2013.
Added to NRS by 1973, 1039