NRS 90.240
“Financial or institutional investor” defined.


“Financial or institutional investor” means any of the following, whether acting for itself or others in a fiduciary capacity other than as an agent:

1.

A depository institution;

2.

An insurance company;

3.

A separate account of an insurance company;

4.

An investment company as defined in the Investment Company Act of 1940;

5.

An employee pension, profit-sharing, or benefit plan if the plan has total assets in excess of $5,000,000 or its investment decisions are made by a named fiduciary, as defined in the Employee Retirement Income Security Act of 1974, that is either a broker-dealer registered under the Securities Exchange Act of 1934, an investment adviser registered or exempt from registration under the Investment Advisers Act of 1940, a depository institution, or an insurance company; and

6.

Any other institutional buyer.

Source: Section 90.240 — “Financial or institutional investor” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-090.­html#NRS090Sec240.

Last Updated

Jun. 24, 2021

§ 90.240’s source at nv​.us