693A.200 - Mutual insurers: Membership.
693A.200 Â Mutual insurers: Membership.
1. Â Each policyholder of a domestic mutual insurer, other than a policyholder of a reinsurance contract, is a member of the insurer during the period of the insurance with all the rights and obligations of such membership, and the policy shall so specify.
2. Â Any person, government or governmental agency or institution, estate, trustee or fiduciary may be a member of a mutual insurer.
(Added to NRS by 1971, 1806)