Nev. Rev. Stat. § 687A.140

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 687A.140 - Rates and premiums to include recoupment of amount paid by Association

The rates and premiums charged for insurance policies to which this chapter applies shall include amounts sufficient to recoup a sum equal to the amounts paid to the Association by the member insurer less any amounts returned to the member insurer by the Association, or less any premium tax credits allowed under this chapter, and such rates shall not be deemed excessive as a result of containing such recoupment allowances.

NRS 687A.140

Added to NRS by 1971, 1949
Added to NRS by 1971, 1949