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2019 Nevada Revised Statutes
Chapter 682A - Investments
NRS 682A.320 - Qualification of investment based on date of acquisition or date of commitment to acquire.
Universal Citation: NV Rev Stat § 682A.320 (2019)
Except as otherwise provided in NRS 682A.325 and 682A.335, an investment shall be deemed to qualify pursuant to this chapter if, on the date the insurer committed to acquire the investment or on the date of its acquisition, it would have qualified pursuant to this chapter. For the purposes of determining limitations contained in this chapter, an insurer shall give appropriate recognition to any commitments to acquire investments.
(Added to NRS by 2015, 3429)
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