NRS 694C.115 - “Participant contract” defined.

NV Rev Stat § 694C.115 (2019) (N/A)
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“Participant contract” means a contract by which a sponsored captive insurer insures the risks of a participant and limits the losses of each such participant to its pro rata share of the assets of one or more protected cells identified in the participant contract.

(Added to NRS by 2005, 2148)