# Nev. Rev. Stat. § 90.240: “Financial or institutional investor” defined

> Nevada · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_NV_T7_C90_S90.240

## Section

- **Citation:** Nev. Rev. Stat. § 90.240
- **Heading:** “Financial or institutional investor” defined
- **Jurisdiction:** Nevada
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** NV Code / Title 7 / Chapter 90 / Section 90.240

## Text

“Financial or institutional investor” means any of the following, whether acting for itself or others in a fiduciary capacity other than as an agent:

1. A depository institution;

2. An insurance company;

3. A separate account of an insurance company;

4. An investment company as defined in the Investment Company Act of 1940; 1

5. An employee pension, profit-sharing, or benefit plan if the plan has total assets in excess of $5,000,000 or its investment decisions are made by a named fiduciary, as defined in the Employee Retirement Income Security Act of 1974, 2 that is either a broker-dealer registered under the Securities Exchange Act of 1934, 3 an investment adviser registered or exempt from registration under the Investment Advisers Act of 1940, 4 a depository institution, or an insurance company; and

6. Any other institutional buyer.

1 15 USCA § 80a-1 et seq.

2 29 USCA § 1001 et seq.

3 15 USCA § 78a et seq.

4 15 USCA § 80b-1 et seq.

## Nearby sections

- [Nev. Rev. Stat. § 90.211 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_NV_T7_C90_S90.211.md)
- [Nev. Rev. Stat. § 90.215 “Administrator” defined](https://www.frixlaw.com/law-library/statutes/STATE_NV_T7_C90_S90.215.md)
- [Nev. Rev. Stat. § 90.220 “Broker-dealer” defined](https://www.frixlaw.com/law-library/statutes/STATE_NV_T7_C90_S90.220.md)
- [Nev. Rev. Stat. § 90.223 “Commission” defined](https://www.frixlaw.com/law-library/statutes/STATE_NV_T7_C90_S90.223.md)
- [Nev. Rev. Stat. § 90.225 “Depository institution” defined](https://www.frixlaw.com/law-library/statutes/STATE_NV_T7_C90_S90.225.md)
- [Nev. Rev. Stat. § 90.230 “Division” defined](https://www.frixlaw.com/law-library/statutes/STATE_NV_T7_C90_S90.230.md)
- [Nev. Rev. Stat. § 90.235 “Filing” and “file” defined](https://www.frixlaw.com/law-library/statutes/STATE_NV_T7_C90_S90.235.md)
- [Nev. Rev. Stat. § 90.240 “Financial or institutional investor” defined](https://www.frixlaw.com/law-library/statutes/STATE_NV_T7_C90_S90.240.md)
- [Nev. Rev. Stat. § 90.245 “Fraud,” “deceit” and “defraud” defined](https://www.frixlaw.com/law-library/statutes/STATE_NV_T7_C90_S90.245.md)
- [Nev. Rev. Stat. § 90.250 “Investment adviser” defined](https://www.frixlaw.com/law-library/statutes/STATE_NV_T7_C90_S90.250.md)
- [Nev. Rev. Stat. § 90.253 “Investment Adviser Registration Depository” defined](https://www.frixlaw.com/law-library/statutes/STATE_NV_T7_C90_S90.253.md)
- [Nev. Rev. Stat. § 90.255 “Issuer” defined](https://www.frixlaw.com/law-library/statutes/STATE_NV_T7_C90_S90.255.md)
- [Nev. Rev. Stat. § 90.257 “Nevada certified investor” defined](https://www.frixlaw.com/law-library/statutes/STATE_NV_T7_C90_S90.257.md)
- [Nev. Rev. Stat. § 90.260 “Nonissuer transaction” defined](https://www.frixlaw.com/law-library/statutes/STATE_NV_T7_C90_S90.260.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_NV_T7_C90_S90.240. Check the current official text before relying on it. Not legal advice.