Nevada Revised Statutes (Last Updated: December 24, 2014)

NRS694B.010. “Reciprocal” insurance defined.

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As used in this Code, “reciprocal” insurance is that resulting from an interchange among persons, known as “subscribers,” of reciprocal agreements of indemnity, the interchange being effectuated through an attorney-in-fact common to all such persons.

(Added to NRS by 1971, 1827)

                    
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