Quantitative limitation on exempted investments.

NRS 682A.572 Quantitative limitation on exempted investments. An insurer shall not acquire any investment or engage in any investment practice in accordance with subsection 2 of NRS 682A.570 if, as a result of and after giving effect to the transaction, the aggregate amount of all investments in any one person held by the insurer in accordance with subsection 1 of NRS 682A.570 would exceed 5 percent of its admitted assets. (Added to NRS by 2015, 3463)