Nev. Rev. Stat. ch. 355 – Public Investments | Midpage

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Nevada Revised Statutes

Chapter 355

Nev. Rev. Stat. ch. 355

Public Investments

355.005Regulations of State Treasurer 355.010Creation; members 355.020Salary for appointive members; compensation for members and employees 355.030Legal adviser; Secretary 355.040Records 355.045General duties 355.050State Treasurer charged with investment of money in Fund 355.060Monthly notification of amount of uninvested money; authorized and prohibited investments 355.070Determinations to be made before investment; opinion of Attorney General 355.080Restrictions on investment in county bonds 355.090Conversion of bonds or securities into cash; reinvestment 355.100Loans on agricultural lands: Abstract; appraisal 355.110Loans on agricultural lands: Execution and recording of note and mortgage; provisions 355.120Investment in farm mortgage loans, farm loan bonds and other obligations issued by federal land banks and banks for cooperatives; limitations 355.130Loans to local governments 355.135Lending of securities from state investment portfolio 355.140Authorized and prohibited investments of state money 355.145Standard of care for investments made pursuant to NRS 355.140 355.150Determinations to be made before investment; opinion of Attorney General 355.160Purpose of NRS 355.140 and 355.150 355.165Local Government Pooled Long-Term Investment Account: Creation; administration; applicability of NRS 355.167; permissible investments; assessment of costs; computation of interest; establishment of subaccounts 355.167Local Government Pooled Investment Fund: Creation; administration; permissible investments; permissible loans; written request for withdrawal by local government; interest; regulations 355.168Pooling of money of local governments within county for investment 355.169Legal action by county to recover investment; expenses 355.170Authorized investments; disposition of interest 355.171Additional authorized investments; exceptions 355.172Possession of securities purchased by or for local government; security interest in lieu of possession 355.175Authority for investments; priority in case of conflicting orders concerning same money; disposition of interest 355.176Investment of money held by local government pursuant to deferred compensation plan 355.177Investment in own securities or interim warrants prohibited 355.178Loans from investment portfolios of certain counties, cities or consolidated municipalities 355.180Bonds of Home Owners’ Loan Corporation and Federal Home Loan Bank are legal investments 355.190Loans and advances of credit by Federal Housing Administrator 355.200Depositary bonds 355.210Conditions and requirements for investment 355.220Retirement Benefits Investment Board: Creation; membership; powers and duties 355.250Definitions 355.255“Corporation for public benefit” defined 355.260“Private equity funding” defined 355.265“Venture capital” defined 355.270Corporation for public benefit: Formation and purpose; composition, chair, compensation and duties of board of directors 355.275Corporation for public benefit: Placement of investments; use of money received from State Permanent School Fund 355.280Transfer of money from State Permanent School Fund to corporation for public benefit: Prerequisites; maximum amount 355.285State Treasurer: Regulations; authority to establish Business Leadership Council; duties 355.300Definitions 355.305“Boycott of Israel” defined 355.310“Company” defined 355.315“Direct holdings” defined 355.320“Indirect holdings” defined 355.325“Public fund” defined 355.330“Scrutinized company” defined 355.335State Treasurer to identify, review and create list of scrutinized companies; annual update of list 355.340State Treasurer to prepare report of investments in scrutinized companies 355.345Additional duties of State Treasurer relating to investments in scrutinized companies; actions to be consistent with fiduciary responsibility 355.350Regulations