Nevada Statutes
§ 349.358 — Legal investments for other persons
Nevada § 349.358
This text of Nevada § 349.358 (Legal investments for other persons) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Nev. Rev. Stat. § 349.358 (2026).
Text
1.It is legal for any bank, trust company, banker, savings bank or institution, savings and loan association, investment company and any other person carrying on a banking or investment business, any insurance company, insurance association, or any other person carrying on an insurance business, and any executor, administrator, curator, trustee or any other fiduciary, to invest funds or money in his or her custody in any of the bonds or other securities issued in accordance with the provisions of the State Securities Law.
2.Nothing contained in this section with regard to legal investments relieves any representative of any corporation or other person of any duty of exercising reasonable care in selecting securities.
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Legislative History
(Added to NRS by 1967, 794 ; A 1983, 131 )
Nearby Sections
15
§ 349.005
“Bond question” defined§ 349.015
Contents of sample ballot and notice of election; consolidation with primary or general election§ 349.020
Ballots: Form§ 349.040
Special election: Appointment and duties of inspectors and clerks; election board and precincts§ 349.071
Powers of State Board of Finance§ 349.075
DefinitionsCite This Page — Counsel Stack
Bluebook (online)
Nevada § 349.358, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/349.358.