NRS 682A.193 “Reverse repurchase transaction” defined.
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/nv/chapter-682a-investments/682a-193A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 682A.193 “Reverse repurchase transaction” defined. “Reverse repurchase transaction” means a transaction in which an insurer sells securities to a business entity and is obligated to repurchase the sold securities, or equivalent securities, from the business entity at a specified price, either within a specified period of time or on demand.