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Code · Nevada · CHAPTER 682A - INVESTMENTS

NRS 682A.426 Computation of investments held as personal property under lease for purposes of investment diversification requirements.

111 words·~1 min read·/nv/chapter-682a-investments/682a-426

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NRS 682A.426 Computation of investments held as personal property under lease for purposes of investment diversification requirements. For the purposes of determining compliance with the limitations of NRS 682A.402 , 682A.404 and 682A.406 , investments acquired by an insurer in accordance with the provisions of NRS 682A.420 to 682A.428 , inclusive, must be aggregated with those acquired in accordance with the provisions of NRS 682A.408 , and each lessee of the property under a lease referred to in NRS 682A.420 to 682A.428 , inclusive, shall be deemed the issuer of an obligation in the amount of the investment of the insurer in the property determined as provided in NRS 682A.422 .
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