Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE57 INSURANCE |
CHAPTER681A. Kinds of Insurance; Limits on Risk; Reinsurance |
REINSURANCE |
Brokers and Managers |
NRS681A.290. “Cede” defined.
Latest version.
- “Cede” means to pass on to another insurer, who is designated the reinsurer, all or part of the insurance written by an insurer with the object of reducing the possible liability of the ceding insurer.
(Added to NRS by 1995, 1760)