US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

Home » US Law » 2022 Nevada Revised Statutes » TITLE 31—PUBLIC FINANCIAL ADMINISTRATION » Chapter 355 - Public Investments » INVESTMENT IN CORPORATION FOR PUBLIC BENEFIT THAT PROVIDES PRIVATE EQUITY FUNDING FOR CERTAIN BUSINESSES » NRS 355.275 – Corporation for public benefit: Placement of investments; use of money received from State Permanent School Fund.

1. The corporation for public benefit may place investments through the use or assistance of:

(a) External asset managers; or

(b) Private equity investment firms.

2. Money received pursuant to NRS 355.280 by the corporation for public benefit may be used to make venture capital investments.

(Added to NRS by 2011, 2582)