NRS 677.610: Authorized investments.

A licensee shall not invest any of its money, except:

1. As authorized in this chapter;

2. In legal investments for banks, credit unions or savings associations; or

3. To the extent of 5 percent or less of its total assets, in preferred stock of corporations which have been given a rating of “A” or better by a national rating service and which are not in default in the payment of dividends.