-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 MaIzPplK0w28I9yf5NKaaA==

<SEC-DOCUMENT>0001462189-10-000001.txt : 20100728
<SEC-HEADER>0001462189-10-000001.hdr.sgml : 20100728
<ACCEPTANCE-DATETIME>20100728160209
ACCESSION NUMBER:		0001462189-10-000001
CONFORMED SUBMISSION TYPE:	D/A
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20100728
DATE AS OF CHANGE:		20100728
EFFECTIVENESS DATE:		20100728

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Palo Verde Holdings Ltd.
		CENTRAL INDEX KEY:			0001462189
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-130366
		FILM NUMBER:		10974417

	BUSINESS ADDRESS:	
		STREET 1:		CONTINENTAL BUILDING
		STREET 2:		25 CHURCH STREET
		CITY:			HAMILTON
		STATE:			D0
		ZIP:			HM CX
		BUSINESS PHONE:		441-295-6015

	MAIL ADDRESS:	
		STREET 1:		CONTINENTAL BUILDING
		STREET 2:		25 CHURCH STREET
		CITY:			HAMILTON
		STATE:			D0
		ZIP:			HM CX
</SEC-HEADER>
<DOCUMENT>
<TYPE>D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0704</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001462189</cik>
        <entityName>Palo Verde Holdings Ltd.</entityName>
        <issuerAddress>
            <street1>CONTINENTAL BUILDING</street1>
            <street2>25 CHURCH STREET</street2>
            <city>HAMILTON</city>
            <stateOrCountry>D0</stateOrCountry>
            <stateOrCountryDescription>BERMUDA</stateOrCountryDescription>
            <zipCode>HM CX</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>441-295-6015</issuerPhoneNumber>
        <jurisdictionOfInc>BERMUDA</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>John</firstName>
                <middleName>Ray</middleName>
                <lastName>Markquart</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3004 Agnes Street</street1>
                <city>Eau Claire</city>
                <stateOrCountry>WI</stateOrCountry>
                <stateOrCountryDescription>WISCONSIN</stateOrCountryDescription>
                <zipCode>54701</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Donald</firstName>
                <middleName>Bradfield</middleName>
                <lastName>Adderley</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Canon's Court</street1>
                <street2>22 Victoria Street</street2>
                <city>Hamilton</city>
                <stateOrCountry>D0</stateOrCountry>
                <stateOrCountryDescription>BERMUDA</stateOrCountryDescription>
                <zipCode>HM 12</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Matthew</firstName>
                <lastName>Thomas</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Thomas Sales &amp; Services, Inc.</street1>
                <street2>2060 N.E. Highway 20</street2>
                <city>Bend</city>
                <stateOrCountry>OR</stateOrCountry>
                <stateOrCountryDescription>OREGON</stateOrCountryDescription>
                <zipCode>97701</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Gary</firstName>
                <middleName>Mack</middleName>
                <lastName>Grubbs</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Mack Grubbs Hyundai</street1>
                <street2>6507 HWY 98</street2>
                <city>Hattieburg</city>
                <stateOrCountry>MS</stateOrCountry>
                <stateOrCountryDescription>MISSISSIPPI</stateOrCountryDescription>
                <zipCode>39402</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>James</firstName>
                <middleName>Kevin</middleName>
                <lastName>Heutel</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>11700 Gravor's Road</street1>
                <city>St. Louis</city>
                <stateOrCountry>MO</stateOrCountry>
                <stateOrCountryDescription>MISSOURI</stateOrCountryDescription>
                <zipCode>63127</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Michael</firstName>
                <middleName>P.</middleName>
                <lastName>Larkin</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Continental Building</street1>
                <street2>25 Church Street</street2>
                <city>Hamilton</city>
                <stateOrCountry>D0</stateOrCountry>
                <stateOrCountryDescription>BERMUDA</stateOrCountryDescription>
                <zipCode>HM CX</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Alternate Director</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Thalia</firstName>
                <lastName>Bromby</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Canon's Court</street1>
                <street2>22 Victoria Street</street2>
                <city>Hamilton</city>
                <stateOrCountry>D0</stateOrCountry>
                <stateOrCountryDescription>BERMUDA</stateOrCountryDescription>
                <zipCode>HM 12</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Appleby Services (Bermuda) Ltd</firstName>
                <lastName>Appleby Services (Bermuda) Ltd.</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Canon's Court</street1>
                <street2>22 Victoria Street</street2>
                <city>Hamilton</city>
                <stateOrCountry>D0</stateOrCountry>
                <stateOrCountryDescription>BERMUDA</stateOrCountryDescription>
                <zipCode>HM 12</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Sandra</firstName>
                <lastName>Gray</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>The CNA Building</street1>
                <street2>4150 N. Drinkwater Blvd, Suite 400</street2>
                <city>Scottsdale</city>
                <stateOrCountry>AZ</stateOrCountry>
                <stateOrCountryDescription>ARIZONA</stateOrCountryDescription>
                <zipCode>85251</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Thomas</firstName>
                <middleName>R.</middleName>
                <lastName>McMahon</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Continental Building</street1>
                <street2>25 Church Street</street2>
                <city>Hamilton</city>
                <stateOrCountry>D0</stateOrCountry>
                <stateOrCountryDescription>BERMUDA</stateOrCountryDescription>
                <zipCode>HM CX</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Randy</firstName>
                <middleName>David</middleName>
                <lastName>O'Daniel</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>9606 Hera Court</street1>
                <city>Fort Wayne</city>
                <stateOrCountry>IN</stateOrCountry>
                <stateOrCountryDescription>INDIANA</stateOrCountryDescription>
                <zipCode>46825</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Erica</firstName>
                <lastName>Robinson</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Canon's Court</street1>
                <street2>22 Victoria Street</street2>
                <city>Hamilton</city>
                <stateOrCountry>D0</stateOrCountry>
                <stateOrCountryDescription>BERMUDA</stateOrCountryDescription>
                <zipCode>HM 12</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Other Banking and Financial Services</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Not Applicable</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>0001462189-09-000001</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2000-02-10</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isOtherType>true</isOtherType>
            <descriptionOfOtherType>Units consisting of one common share and ten preferred shares</descriptionOfOtherType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>3501</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>350100</totalOfferingAmount>
            <totalAmountSold>252072</totalAmountSold>
            <totalRemaining>98028</totalRemaining>
            <clarificationOfResponse>Total Amount Sold is a net number and does not reflect shares sold but redeemed.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>72</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>20000</dollarAmount>
                <isEstimate>true</isEstimate>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Palo Verde Holdings Ltd.</issuerName>
                <signatureName>Thomas R. McMahon</signatureName>
                <nameOfSigner>Thomas R. McMahon</nameOfSigner>
                <signatureTitle>Vice President</signatureTitle>
                <signatureDate>2010-07-19</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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