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

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Terms Used In Nevada Revised Statutes 90.240

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Fiduciary: A trustee, executor, or administrator.

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;

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, that is either a broker-dealer registered under the Securities Exchange Act of 1934, an investment adviser registered or exempt from registration under the Investment Advisers Act of 1940, a depository institution, or an insurance company; and

6.  Any other institutional buyer.