Nevada Code § 355.345

Additional duties of State Treasurer relating to investments in scrutinized companies; actions to be consistent with fiduciary responsibility
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1. Except as otherwise provided in
subsection 2, the State Treasurer:
(a) Shall sell, redeem, divest or withdraw all
direct holdings of a scrutinized company from the assets under his or her
management within 3 months after preparing a list of scrutinized companies
pursuant to NRS 355.335 which includes
that scrutinized company.
(b) Shall, on or before June 30 of each year,
post on the Internet website of the State Treasurer a list that includes each
investment that was sold, redeemed, divested or withdrawn pursuant to
subsection 1.
(c) Shall not acquire securities of a scrutinized
company as part of the direct holdings of the Office of the State Treasurer.
(d) Shall request that the manager of the
indirect holdings of any public fund consider selling, redeeming, divesting or
withdrawing holdings of a scrutinized company from the assets under his or her
management.
2. Nothing in this section shall require
the State Treasurer to take action as described in this section unless the
State Treasurer determines and adopts findings, in good faith and based on
credible information available to the public, that the action described in this
section is consistent with the fiduciary responsibilities of the State
Treasurer.

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