Computation of investments held as personal property under lease for purposes of investment diversification requirements.

Checkout our iOS App for a better way to browser and research.

For the purposes of determining compliance with the limitations of NRS 682A.512, 682A.514 and 682A.516, investments acquired by an insurer in accordance with the provisions of NRS 682A.530 to 682A.538, inclusive, must be aggregated with those acquired in accordance with the provisions of NRS 682A.518, and each lessee of the property in accordance with a lease referred to in NRS 682A.530 to 682A.538, 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.532.

(Added to NRS by 2015, 3455)


Download our app to see the most-to-date content.