Nev. Rev. Stat. § 681B.070

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 681B.070 - Reserve for unearned premiums for marine and transportation insurance

As to marine and transportation insurance, the entire amount of premiums on trip risks not terminated shall be deemed unearned; and the Commissioner may require the insurer to carry a reserve equal to 100 percent of premiums on trip risks written during the month ended as of the date of statement.

NRS 681B.070

Added to NRS by 1971, 1611
Added to NRS by 1971, 1611