Public-domain · open source
OpenJurist

NRS 694C.060

“Captive insurer” defined

(Added to NRS by 1999, 3208; A 2005, 2152; 2019, 1709)

“Captive insurer” means:

1. Any pure captive insurer, association captive insurer, agency captive insurer, rental captive insurer and sponsored captive insurer licensed pursuant to this chapter. The term includes a pure captive insurer who, unless otherwise provided by the Commissioner, is a branch captive insurer with respect to operations in this State.

2. Any state-chartered risk retention group.

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