90.088 - "Institutional buyer" interpreted

90.088. "Institutional buyer" interpreted

The Administrator will interpret the term "institutional buyer" as used in subsection 6 of NRS 90.240 to include, without limitation, any accredited investor as defined under Rule 501 of Regulation D of the Securities Act of 1933, 17 C.F.R. ยง 230.501.

Added to NAC by Sec'y of State by R033-08, eff. 6-17-2008

NRS 90.750

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