NRS 682A.345: Agreements to purchase securities in advance of issuance prohibited.
Where this section sits in the code
- TITLE 57 — INSURANCE
- CHAPTER 682A - INVESTMENTS
- GENERAL PROVISIONS
- General Investment Qualification
An insurer shall not enter into an agreement to purchase securities in advance of their issuance for resale to the public as part of a distribution of the securities by the issuer, or otherwise guarantee the distribution, except that an insurer may acquire privately placed securities with registration rights.
Collected 2026-09-03T05:51:46Z. Source file · JSON