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2019 Nevada Revised Statutes
Chapter 682A - Investments
NRS 682A.524 - Limitation on aggregate amount of investments held in equity interests.
Universal Citation: NV Rev Stat § 682A.524 (2019)
An insurer shall not acquire an investment in accordance with the provisions of NRS 682A.522 to 682A.528, inclusive, if, as a result of and after giving effect to the investment, the aggregate amount of investments held by the insurer in accordance with the provisions of those sections would exceed the greater of 25 percent of the insurer’s admitted assets or 100 percent of the insurer’s surplus as regards policyholders.
(Added to NRS by 2015, 3454)
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