Nevada § 355.345 - Additional duties of State Treasurer relating to investments in scrutinized companies; actions to be consistent with fiduciary responsibility
Full text of Nevada Nevada Revised Statutes § 355.345 — Additional duties of State Treasurer relating to investments in scrutinized companies; actions to be consistent with fiduciary responsibility, with citation guidance and answers to common questions.
§ 355.345. Additional duties of State Treasurer relating to investments in scrutinized companies; actions to be consistent with fiduciary responsibility
1. Except as otherwise provided in subsection 2, the State Treasurer: (a) Shall sell, redeem, divest or withdraw all direct holdings of a scrutinized company
from the assets under his or her management within 3 months after preparing a list
of scrutinized companies pursuant to NRS 355.335 which includes that scrutinized company. (b) Shall, on or before June 30 of each year, post on the Internet website of the
State Treasurer a list that includes each investment that was sold, redeemed, divested
or withdrawn pursuant to subsection 1. (c) Shall not acquire securities of a scrutinized company as part of the direct holdings
of the Office of the State Treasurer. (d) Shall request that the manager of the indirect holdings of any public fund consider
selling, redeeming, divesting or withdrawing holdings of a scrutinized company from
the assets under his or her management. 2. Nothing in this section shall require the State Treasurer to take action as described
in this section unless the State Treasurer determines and adopts findings, in good
faith and based on credible information available to the public, that the action described
in this section is consistent with the fiduciary responsibilities of the State Treasurer.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 355.345
What does Nevada Revised Statutes § 355.345 cover?
Section 355.345 ("Additional duties of State Treasurer relating to investments in scrutinized companies; actions to be consistent with fiduciary responsibility") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 355.345?
A common citation format is "Nevada Revised Statutes § 355.345" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 355.345 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.