NRS 682A.169 - “Qualified clearinghouse” defined.

NV Rev Stat § 682A.169 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

“Qualified clearinghouse” means a clearinghouse for, and subject to the rules of, a qualified exchange or qualified foreign exchange, which provides clearing services, including acting as a counterparty to each of the parties to a transaction such that the parties no longer have credit risk as to each other.

(Added to NRS by 2015, 3422)