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Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 682A.007: “Acceptable collateral” defined.

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Where this section sits in the code
  1. TITLE 57 — INSURANCE
  2. CHAPTER 682A - INVESTMENTS
  3. GENERAL PROVISIONS
  4. Definitions

“Acceptable collateral” means:

1. As to securities lending transactions, and for the purpose of calculating counterparty exposure amount, cash, cash equivalents, letters of credit, direct obligations of, or securities that are fully guaranteed as to principal and interest by, the Federal Government or any agency thereof, or by the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation and, as to lending foreign securities, sovereign debt rated 1 by the SVO;

2. As to repurchase transactions, cash, cash equivalents and direct obligations of, or securities that are fully guaranteed as to principal and interest by, the Federal Government or any agency thereof, or by the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation; and

3. As to reverse repurchase transactions, cash and cash equivalents.

Collected 2026-09-03T05:51:46Z. Source file · JSON

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