Section 679B.826 - "Nonaffiliated third party" defined1. "Nonaffiliated third party" means any person except:(a) An affiliate of a licensee; or(b) A person employed jointly by a licensee and any company that is not the affiliate of a licensee.2. The term includes:(a) Any other company that jointly employs the person; or(b) Any company that is an affiliate solely by direct or indirect ownership, or control of the company by the licensee or its affiliate in conducting: (1) Merchant banking or investment banking activities of the type described in 12 U.S.C. § 1843(k)(4)(H) of the Bank Holding Company Act of 1956; or(2) Insurance company investment activities of the type described in 12 U.S.C. § 1843(k)(4)(I) of the Bank Holding Company Act of 1956.Nev. Admin. Code § 679B.826
Added to NAC by Comm'r of Insurance by R130-01, eff. 12-17-2002