Notwithstanding any other provision of law, obligations issued by the United States Postal Service or the Federal National Mortgage Association, whether or not the payment of principal and interest thereon is guaranteed by the Government of the United States, may be purchased by:
1. Insurance companies, insurance associations and all other persons carrying on an insurance business;
2. Executors, administrators, guardians, committees, conservators, liquidators, rehabilitators, receivers, trust companies and trustees, and all other persons occupying a similar fiduciary position;
3. Banks, bankers and savings banks;
4. Savings and loan associations, investment companies and other financial institutions;
5. Credit unions, cemetery associations, mutual benevolent and benefit associations;
6. The State and any municipality, county, school district or other local government unit or political subdivision;
7. All other public officers, boards, commissions, bodies and agencies of the State and its political subdivisions and agencies; and
8. Any other natural person, firm, group, corporation, association, institution and fund.
(Added to NRS by 1971, 267; A 1985, 355)
Structure Nevada Revised Statutes
Chapter 99 - Money of Account and Interest; Legal Investments
NRS 99.010 - Dollar, cent and mill to be money of account.
NRS 99.030 - Obligations, judgments or executions payable in legal money.
NRS 99.040 - Interest rate when not fixed by express contract for certain types of transactions.
NRS 99.055 - Prepayment of loans.
NRS 99.060 - Definitions relating to public securities.
NRS 99.065 - Public securities: Compound interest authorized; repayment.
NRS 99.067 - Public securities: Interest rate for securities issued on or before June 30, 2011.
NRS 99.070 - Obligations of United States Postal Service and Federal National Mortgage Association.