State Codes and Statutes

Statutes > Nevada > Title-57 > Chapter-694c > General-provisions > 694c-120

694C.120 “Pure captive insurer” defined. “Pure captive insurer” means a captive insurer that only insures risks of its parent and affiliated companies or controlled unaffiliated businesses and, unless otherwise provided by the Commissioner, includes a branch captive insurer.

(Added to NRS by 1999, 3208; A 2005, 2152)

State Codes and Statutes

Statutes > Nevada > Title-57 > Chapter-694c > General-provisions > 694c-120

694C.120 “Pure captive insurer” defined. “Pure captive insurer” means a captive insurer that only insures risks of its parent and affiliated companies or controlled unaffiliated businesses and, unless otherwise provided by the Commissioner, includes a branch captive insurer.

(Added to NRS by 1999, 3208; A 2005, 2152)