Qualified business entity defined.
Nev. Rev. Stat. § 682A.167
in effectQualified business entity means a business entity that is:
1. An issuer of obligations or preferred stock that is rated 1 or 2 by the SVO or an issuer of obligations, preferred stock or derivative instruments that are rated the equivalent of 1 or 2 by the SVO or by a nationally recognized statistical rating organization recognized by the SVO; or
2. A primary dealer in United States government securities, recognized by the Federal Reserve Bank of New York.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-682A.htmlFetched: 10/4/2026