Nev. Rev. Stat. § 694C.060

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 694C.060 - "Captive insurer" defined

"Captive insurer" means:

1. Any pure captive insurer, association captive insurer, agency captive insurer, rental captive insurer and sponsored captive insurer licensed pursuant to this chapter. The term includes a pure captive insurer who, unless otherwise provided by the Commissioner, is a branch captive insurer with respect to operations in this State.

2. Any state-chartered risk retention group.

NRS 694C.060

Added to NRS by 1999, 3208; A 2005, 2152; 2019, 1709

Amended by 2019, Ch. 295,§40, eff. 10/1/2019.

Added to NRS by 1999, 3208; A 2005, 2152