Nev. Rev. Stat. § 90.240

This is the official text of Nev. Rev. Stat. § 90.240, 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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“Financial or institutional investor” defined

Official statutory text

“Financial or institutional investor” means any of the following, whether acting for itself or others in a fiduciary capacity other than as an agent:

1. A depository institution;

2. An insurance company;

3. A separate account of an insurance company;

4. An investment company as defined in the Investment Company Act of 1940; 1

5. An employee pension, profit-sharing, or benefit plan if the plan has total assets in excess of $5,000,000 or its investment decisions are made by a named fiduciary, as defined in the Employee Retirement Income Security Act of 1974, 2 that is either a broker-dealer registered under the Securities Exchange Act of 1934, 3 an investment adviser registered or exempt from registration under the Investment Advisers Act of 1940, 4 a depository institution, or an insurance company; and

6. Any other institutional buyer.

1 15 USCA § 80a-1 et seq.

2 29 USCA § 1001 et seq.

3 15 USCA § 78a et seq.

4 15 USCA § 80b-1 et seq.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.