Nev. Rev. Stat. § 694C.075

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

Section 694C.075 - "Controlled unaffiliated business" defined

"Controlled unaffiliated business" means any company:

1. That is not in the corporate system of a parent and affiliated companies;

2. That has an existing contractual relationship with a parent or affiliated company; and

3. Whose risks are managed by a captive insurer pursuant to this chapter.

NRS 694C.075

Added to NRS by 2005, 2147