Nev. Rev. Stat. § 694C.380

Insurer prohibited from joining or contributing to or receiving benefit for claims from assigned risk pool or insurance insolvency guaranty fund.

Last amended: 2017Year: 2026Length: 72 wordsOfficial source
A captive insurer shall not join or contribute financially to an assigned risk pool or insurance insolvency guaranty fund in this State. A captive insurer or its insured, its parent or an affiliated company, or any member organization of its association shall not receive any benefit from such a pool or fund for claims arising out of the operations of the captive insurer. (Added to NRS by 1999, 3215; A 2017, 73)
Nev. Rev. Stat. § 694C.380: Insurer prohibited from joining or contributing to or receiving benefit for claims from assigned risk pool or insurance insolvency guaranty fund. | Justis AI