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NRS 286.725

Inapplicability to certain investments

Known as the Public Employees’ Retirement Act

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

(Added to NRS by 2009, 2777)

The provisions of NRS 286.721 and 286.723 do not apply to:

1. Money invested in a defined contribution plan that is authorized by the Internal Revenue Code and administered by the Board; or

2. Investments in a company that is primarily engaged in:

(a) Supplying goods or services intended to relieve human suffering in Iran; or

(b) Promoting health, education, religious, welfare or journalistic activities in Iran.

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