NRS 686C.055 - “Authorized assessment” defined.

NV Rev Stat § 686C.055 (2019) (N/A)
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“Authorized assessment” or “authorized” as used in the context of assessments means or describes an assessment authorized by a resolution of the Board of Directors of the Association to be imposed immediately or later on member insurers in a specified amount.

(Added to NRS by 2001, 1026)