State Codes and Statutes

Statutes > Nevada > Title-57 > Chapter-694c > General-provisions > 694c-113

694C.113 “Participant” defined. “Participant” means a corporation, association, limited-liability company, partnership, trust, sponsor or other business organization, and any affiliate thereof, that is insured by a sponsored captive insurer, where the losses of the participant are limited by a participant contract to the participant’s pro rata share of the assets of one or more protected cells identified in such participant contract.

(Added to NRS by 2005, 2147)

State Codes and Statutes

Statutes > Nevada > Title-57 > Chapter-694c > General-provisions > 694c-113

694C.113 “Participant” defined. “Participant” means a corporation, association, limited-liability company, partnership, trust, sponsor or other business organization, and any affiliate thereof, that is insured by a sponsored captive insurer, where the losses of the participant are limited by a participant contract to the participant’s pro rata share of the assets of one or more protected cells identified in such participant contract.

(Added to NRS by 2005, 2147)