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NRS 694C.030

“Agency captive insurer” defined

(Added to NRS by 1999, 3207; A 2005, 2151)

“Agency captive insurer” means a captive insurer that is owned or directly or indirectly controlled by an insurance agency or brokerage and that only insures risks of policies which are placed by or through the agency or brokerage.

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