Nev. Rev. Stat. § 17.275

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 17.275 - Subrogation of insurer

A liability insurer, who by payment has discharged in full or in part the liability of a tortfeasor and has thereby discharged in full its obligation as insurer, is subrogated to the tortfeasor's right of contribution to the extent of the amount it has paid in excess of the tortfeasor's equitable share of the common liability. This provision does not limit or impair any right of subrogation arising from any other relationship.

NRS 17.275

Added to NRS by 1973, 1304; A 1979, 1356
Added to NRS by 1973, 1304; A 1979, 1356