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2019 Nevada Revised Statutes
Chapter 682A - Investments
NRS 682A.167 - “Qualified business entity” defined.
Universal Citation: NV Rev Stat § 682A.167 (2019)
“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.
(Added to NRS by 2015, 3422)
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