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NRS 42.240

“Interested party” defined

Known as the Structured Settlement Protection Act

The act spans §§ 42–42 (47 sections).

(Added to NRS by 2021, 1720)

“Interested party” means, with respect to any structured settlement, the payee, any beneficiary irrevocably designated under the annuity contract to receive payments following the payee’s death, the annuity issuer, the structured settlement obligor and any other party to the structured settlement that has continuing rights or obligations to receive or make payments under the structured settlement.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.