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Current as of January 01, 2021 | Updated by FindLaw Staff
“Qualified business entity” means a business entity that is:
1. An issuer of obligations or preferred stock that is rated 1 or 2 by the SVO or an issuer of obligations, preferred stock or derivative instruments that are rated the equivalent of 1 or 2 by the SVO or by a nationally recognized statistical rating organization recognized by the SVO; or
2. A primary dealer in United States government securities, recognized by the Federal Reserve Bank of New York.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 682A.167. “Qualified business entity” defined - last updated January 01, 2021 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-682a-167/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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