Nev. Admin. Code § 695F.205

Current through December 12, 2024

Section 695F.205 - Capital account

Each organization shall maintain a capital account with a net worth in an amount which is the greater of:

1. The amount required pursuant to NRS 695F.200; or

2. The amount of risk-based capital determined in the manner set forth in NRS 681B.290 and the regulations adopted pursuant thereto.

Nev. Admin. Code § 695F.205

Added to NAC by Comm'r of Insurance by R005-03, eff. 2-12-2004

NRS 679B.130, 695F.200, 695F.300