Agreements to purchase securities in advance of issuance prohibited.

Nev. Rev. Stat. § 682A.345
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
An insurer shall not enter into an agreement to purchase securities in advance of their issuance for resale to the public as part of a distribution of the securities by the issuer, or otherwise guarantee the distribution, except that an insurer may acquire privately placed securities with registration rights.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-682A.htmlFetched: 10/4/2026
Nev. Rev. Stat. § 682A.345 — Agreements to purchase securities in advance of issuance prohibited | Nevada Revised Statutes | Corpus