Nevada Revised Statutes Title 31. Public Financial Administration § 353.280. Authorized investments; interest; investment in reverse-repurchase agreement prohibited

(1) Are registered with the Securities and Exchange Commission;

(2) Are rated by a nationally recognized rating service as “AAA” or its equivalent; and

(3) Invest only in securities issued or guaranteed as to payment of principal and interest by the Federal Government, or its agencies or instrumentalities, or in repurchase agreements that are fully collateralized by such securities.