Nevada § 671.0075 “Eligible rating” defined

Nevada Statutes

§ 671.0075 — “Eligible rating” defined

Nevada § 671.0075

Title 55BANKS AND RELATED ORGANIZATIONS; OTHER FINANCIAL

Ch. 671Money

GENERAL PROVISIONS

This text of Nevada § 671.0075 (“Eligible rating” defined) 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. § 671.0075 (2026).

Text

1. “Eligible rating” means a credit rating that is within any of the three highest rating categories of at least one eligible rating service. Each rating category may include category modifiers such as “plus” or “minus” for Standard and Poor’s Rating Services or the equivalent for any other eligible rating service. 2. The term includes:

(a)A long-term credit rating of “A-” or higher by Standard and Poor’s Rating Services or the equivalent from any other eligible rating service.

(b)A short-term credit rating of “A-2” or “SP-2” or higher by Standard and Poor’s Rating Services or the equivalent from any other eligible rating service.

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1. “Eligible rating” means a credit rating that is within any of the three highest rating categories of at least one eligible rating service. Each rating category may include category modifiers such as “plus” or “minus” for Standard and Poor’s Rating Services or the equivalent for any other eligible rating service.
2. The term includes:
(a) A long-term credit rating of “A-” or higher by Standard and Poor’s Rating Services or the equivalent from any other eligible rating service.
(b) A short-term credit rating of “A-2” or “SP-2” or higher by Standard and Poor’s Rating Services or the equivalent from any other eligible rating service.