Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE57 INSURANCE |
CHAPTER694C. Captive Insurers |
GENERAL PROVISIONS |
NRS694C.120. “Pure captive insurer” defined.
Latest version.
- “Pure captive insurer” means a captive insurer that only insures risks of its parent and affiliated companies or controlled unaffiliated businesses and, unless otherwise provided by the Commissioner, includes a branch captive insurer.
(Added to NRS by 1999, 3208; A 2005, 2152)