State Codes and Statutes

Statutes > Nevada > Title-57 > Chapter-692c > Formation-and-acquisition-of-subsidiaries-mergers > 692c-150

692C.150 Exemption from restrictions on investments. Investments in common stock, preferred stock, debt obligations or other securities of subsidiaries made pursuant to NRS 692C.140 shall not be subject to any of the otherwise applicable restrictions or prohibitions contained in this chapter which are applicable to such investments.

(Added to NRS by 1973, 1039)

State Codes and Statutes

Statutes > Nevada > Title-57 > Chapter-692c > Formation-and-acquisition-of-subsidiaries-mergers > 692c-150

692C.150 Exemption from restrictions on investments. Investments in common stock, preferred stock, debt obligations or other securities of subsidiaries made pursuant to NRS 692C.140 shall not be subject to any of the otherwise applicable restrictions or prohibitions contained in this chapter which are applicable to such investments.

(Added to NRS by 1973, 1039)