Nev. Rev. Stat. § 682A.373

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 682A.373 - Standard of care

In discharging its duties pursuant to NRS 682A.365 to 682A.375, inclusive, the board of directors of an insurer shall perform its duties in good faith and with that degree of care that ordinarily prudent individuals in like positions would use under similar circumstances.

NRS 682A.373

Added to NRS by 2015, 3431

Added by 2015, Ch. 522,§152, eff. 7/1/2015.