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NRS 286.717

“Scrutinized business operations” defined

Known as the Public Employees’ Retirement Act

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

(Added to NRS by 2009, 2776)

“Scrutinized business operations” means any active business operations that:

1. Are subject to or liable for sanctions under the Iran Sanctions Act of 1996, Public Law 104-172, as amended; and

2. Involve the maintenance of:

(a) The company’s existing assets or investments in Iran; or

(b) The deployment of new investments to Iran that meet or exceed the threshold referred to in the Iran Sanctions Act of 1996, as amended.

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