682A.290 - Investments of foreign insurers. - Nevada Statutes

682A.290  Investments of foreign insurers.

      1.  A foreign or alien insurer may make investments permitted by the laws of its domicile if its portfolio of investments is of a quality substantially equal to that required under this chapter for similar funds of like domestic insurers.

      2.  The provisions of this chapter do not prohibit a foreign or alien insurer from making investments in agricultural real property or ranches.

      (Added to NRS by 1971, 1629; A 1981, 633)