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Nevada Revised Statutes Title 57. Insurance § 682A.424. Limitation on aggregate amount of investments held in personal property under lease

Current as of January 01, 2025 | Updated by Findlaw Staff

An insurer shall not acquire an investment in accordance with the provisions of NRS 682A.420 to 682A.428, inclusive, if, as a result of and after giving effect to the investment, the aggregate amount of all investments held by the insurer in accordance with the provisions of NRS 682A.420 to 682A.428, inclusive, would exceed:

1. Two percent of its admitted assets; or

2. One half of one percent of its admitted assets as to any single item of tangible personal property.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 682A.424. Limitation on aggregate amount of investments held in personal property under lease - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-682a-424/

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