Nev. Rev. Stat. § 694C.380

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

Section 694C.380 - Insurer prohibited from joining or contributing to or receiving benefit for claims from assigned risk pool or insurance insolvency guaranty fund

A captive insurer shall not join or contribute financially to an assigned risk pool or insurance insolvency guaranty fund in this state. A captive insurer or its insured, its parent or an affiliated company, or any member organization of its association shall not receive any benefit from such a pool or fund for claims arising out of the operations of the captive insurer.

NRS 694C.380

Added to NRS by 1999, 3215; A 2017, 73

Amended by 2017, Ch. 12,§26, eff. 7/1/2017.

Added to NRS by 1999, 3215