NRS 694C.120 - “Pure captive insurer” defined.

NV Rev Stat § 694C.120 (2019) (N/A)
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“Pure captive insurer” means a captive insurer that only insures risks of its parent and affiliated companies or controlled unaffiliated businesses and, unless otherwise provided by the Commissioner, includes a branch captive insurer.

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