NRS 682A.193 - “Reverse repurchase transaction” defined.

NV Rev Stat § 682A.193 (2019) (N/A)
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“Reverse repurchase transaction” means a transaction in which an insurer sells securities to a business entity and is obligated to repurchase the sold securities, or equivalent securities, from the business entity at a specified price, either within a specified period of time or on demand.

(Added to NRS by 2015, 3424)