Nev. Rev. Stat. § 100.210

This is the official text of Nev. Rev. Stat. § 100.210, part of Nevada’s Rev. Stat — part of the compiled statutory law of Nevada, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.

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Definitions

Official statutory text

1. As used in NRS 100.200 to 100.230 , inclusive, unless the context otherwise requires, the terms “ securitization ” and “ securitization transaction ” include, without limitation, the pooling and repackaging by a special purpose entity of assets or other credit exposures that may be sold to investors.

2. The terms include transactions that create stratified credit risk positions whose performance is dependent upon an underlying pool of credit exposures, including, without limitation, loans and commitments.

3. The terms must be construed broadly.

Status: in_force · Read it on the official government site

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