NRS 687B.015 - “Binder” defined.

NV Rev Stat § 687B.015 (2019) (N/A)
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As used in this chapter, unless the context otherwise requires, “binder” means an oral or written contract for temporary insurance which is used when a policy is not immediately issued to evidence that the coverage attaches at a specified time and continues until the policy is issued or the risk is declined.

(Added to NRS by 1983, 1120)