286.717 - “Scrutinized business operations” defined.

286.717  “Scrutinized business operations” defined.  “Scrutinized business operations” means any active business operations that:

      1.  Are subject to or liable for sanctions under the Iran Sanctions Act of 1996, Public Law 104-172, as amended; and

      2.  Involve the maintenance of:

      (a) The company’s existing assets or investments in Iran; or

      (b) The deployment of new investments to Iran that meet or exceed the threshold referred to in the Iran Sanctions Act of 1996, as amended.

      (Added to NRS by 2009, 2776)