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NRS 286.705

“Business operations” defined

Known as the Public Employees’ Retirement Act

The act spans §§ 286–286 (165 sections).

(Added to NRS by 2009, 2776)

“Business operations” means investing, with actual knowledge on or after August 5, 1996, in Iran’s petroleum sector, which investment directly and significantly contributes to the enhancement of Iran’s ability to develop the petroleum resources of Iran. The term does not include the retail sale of gasoline and related consumer products.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.