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2019 Nevada Revised Statutes
Chapter 682A - Investments
NRS 682A.193 - “Reverse repurchase transaction” defined.
Universal Citation: NV Rev Stat § 682A.193 (2019)
“Reverse repurchase transaction” means a transaction in which an insurer sells securities to a business entity and is obligated to repurchase the sold securities, or equivalent securities, from the business entity at a specified price, either within a specified period of time or on demand.
(Added to NRS by 2015, 3424)
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