State Codes and Statutes
Statutes > Nevada > Title-57 > Chapter-693a > Conversion-of-mutual-into-stock-insurer > 693a-405693A.405 “Closed block” defined. “Closed block” means an allocation of assets of the converting mutual sufficient to maintain payments of guaranteed benefits and the continuation of the current dividends for eligible members.
(Added to NRS by 2001, 2232)
