Authorized investments: “Prudent person” standard.

NRS 286.682 Authorized investments: “Prudent person” standard. The Board may invest the money in its funds in every kind of investment which persons of prudence, discretion and intelligence acquire or retain for their own account. (Added to NRS by 1973, 850; A 1975, 1062; 1997, 1607) INVESTMENTS IN COMPANIES WITH CERTAIN OPERATIONS IN IRAN