“Preferred claim” means any claim accorded priority of payment from the insurer’s general assets under applicable law.
NRS 696B.130
“Preferred claim” defined
Known as the Insurers Conservation, Rehabilitation and Liquidation Law
The act spans §§ 696–696 (63 sections).
(Added to NRS by 1971, 1885)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.