NRS694C.075. “Controlled unaffiliated business” defined.

Latest version.

“Controlled unaffiliated business” means any company:

      1. That is not in the corporate system of a parent and affiliated companies;

      2. That has an existing contractual relationship with a parent or affiliated company; and

      3. Whose risks are managed by a captive insurer pursuant to this chapter.

(Added to NRS by 2005, 2147)

                    
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