Nevada Administrative Code
Chapter 355 - Public Investments
INVESTMENTS IN COMPANIES WHICH BOYCOTT ISRAEL
Section 355.515 - Removal of company from list of scrutinized companies: Procedure; request; submission of evidence; notice of determination; effect of removal from list

Universal Citation: NV Admin Code 355.515

Current through December 12, 2024

1. A scrutinized company may be removed from the list of scrutinized companies created pursuant to NRS 355.335:

(a) By the State Treasurer after a review of publicly available information during the annual update of the list as required by subsection 3 of NRS 355.335; or

(b) Upon request of the scrutinized company and a determination by the State Treasurer pursuant to the procedure set forth in subsections 2 and 3.

2. If a scrutinized company requests to be removed from the list of scrutinized companies, the scrutinized company must, on or before December 1 of the year immediately preceding the year in which the scrutinized company wishes to be removed from the list, submit to the State Treasurer written evidence which demonstrates that the scrutinized company should no longer be identified as a scrutinized company.

3. Within 90 days after the date on which the State Treasurer receives any written evidence submitted by a scrutinized company pursuant to subsection 2, the State Treasurer will make a determination concerning the continued inclusion of the company on the list of scrutinized companies. Notice of the determination will be sent by registered mail to the legal address of the company.

4. If the State Treasurer determines that a scrutinized company should be removed from the list, the State Treasurer will not:

(a) Include the scrutinized company on the list of scrutinized companies when the list is next updated pursuant to subsection 3 of NRS 355.335; and

(b) Report the scrutinized company as being a scrutinized company in the annual report required to be prepared pursuant to NRS 355.340.

Added to NAC by St. Bd. of Finance by R141-18A, eff. 8/21/2019

NRS 355.350

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