NRS 353.280 – Authorized investments; interest; investment in reverse-repurchase agreement prohibited.
1. When state money is placed in escrow, the escrow agent is authorized to invest that money in: (a) United States Government securities. (b) United States Postal Service obligations. (c) Federal National Mortgage Association obligations whose maturity date is before the end of the escrow period. (d) Money market mutual funds that: (1) Are registered […]