Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE57 INSURANCE |
CHAPTER681A. Kinds of Insurance; Limits on Risk; Reinsurance |
REINSURANCE |
Brokers and Managers |
NRS681A.400. “Syndicate” defined.
Latest version.
- “Syndicate” means a joint underwriting operation of insurance or reinsurance in which the participants assume a predetermined and fixed interest in the insurance written and the members share equally in the premiums.
(Added to NRS by 1995, 1761)