Nevada § 355.145 Standard of care for investments made pursuant to NRS 355.140

Nevada Statutes

§ 355.145 — Standard of care for investments made pursuant to NRS 355.140

Nevada § 355.145

Title 31PUBLIC FINANCIAL ADMINISTRATION

Ch. 355Public

OTHER AUTHORIZED STATE INVESTMENTS AND LOANS

This text of Nevada § 355.145 (Standard of care for investments made pursuant to NRS 355.140) 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. § 355.145 (2026).

Text

In investing pursuant to NRS 355.140, the State Treasurer shall exercise the judgment and care, under the circumstances then prevailing, which a person of prudence, discretion and intelligence exercises in the management of his or her own affairs, not in regard to speculation, but in regard to the investment of his or her money, considering the probable income as well as the probable safety of his or her capital.

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In investing pursuant to NRS 355.140, the State Treasurer shall exercise the judgment and care, under the circumstances then prevailing, which a person of prudence, discretion and intelligence exercises in the management of his or her own affairs, not in regard to speculation, but in regard to the investment of his or her money, considering the probable income as well as the probable safety of his or her capital.