NRS 694C.060 - “Captive insurer” defined.

NV Rev Stat § 694C.060 (2019) (N/A)
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“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.

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