The Account for Venture Capital is to be entrusted to a management company with the qualifications specified in those sections. Subject to the limitation on the maximum of the aggregate principal amount of outstanding bonds that may be issued, proceeds from bonds issued at a subsequent time may be entrusted to another management company with the same qualifications.
NRS 349.929
Account for Venture Capital to be entrusted to management company; proceeds of bonds may be entrusted to another management company
Known as the State Securities Law
The act spans §§ 349–349 (273 sections).
(Added to NRS by 1987, 1411)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.