Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE57 INSURANCE |
CHAPTER681A. Kinds of Insurance; Limits on Risk; Reinsurance |
REINSURANCE |
Brokers and Managers |
NRS681A.300. “Cession” defined.
Latest version.
- “Cession” means the unit of insurance passed to a reinsurer by a primary company which issued a policy to the original insured.
(Added to NRS by 1995, 1760)