Nev. Rev. Stat. § 100.210

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 100.210 - Definitions
1. As used in NRS 100.200 to 100.230, inclusive, unless the context otherwise requires, the terms "securitization" and "securitization transaction" include, without limitation, the pooling and repackaging by a special purpose entity of assets or other credit exposures that may be sold to investors.
2. The terms include transactions that create stratified credit risk positions whose performance is dependent upon an underlying pool of credit exposures, including, without limitation, loans and commitments.
3. The terms must be construed broadly.

NRS 100.210

Added to NRS by 2005, 2207
Added to NRS by 2005, 2207