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2019 Nevada Revised Statutes
Chapter 682A - Investments
NRS 682A.325 - Applicability of law to admitted assets or certain transactions held or entered on or before July 1, 2015.
Universal Citation: NV Rev Stat § 682A.325 (2019)
1. An investment, held as an admitted asset by an insurer on July 1, 2015, which qualified pursuant to this chapter before July 1, 2015, shall be deemed to remain qualified as an admitted asset pursuant to this chapter.
2. Each specific transaction constituting an investment practice of the type described in this chapter that was lawfully entered into by an insurer, and was in effect on July 1, 2015, must continue to be allowed in accordance with the provisions of this chapter until its expiration or termination in accordance with its terms.
(Added to NRS by 2015, 3429)
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