682A.220 - Special investments of title insurers.
682A.220 Special investments of title insurers.
1. A title insurer may invest funds in an amount not exceeding 50 percent of its subscribed capital stock in its abstract plant and equipment and in stocks of abstract companies.
2. In all statements and proceedings required for determination of the insurer’s condition, such investments shall be valued at the actual cost thereof, or at such lesser value as the insurer may estimate.
(Added to NRS by 1971, 1625)