2013 Nevada Revised Statutes
Chapter 17 - Judgments
NRS 17.275 - Subrogation of insurer.


NV Rev Stat § 17.275 (2013) What's This?

A liability insurer, who by payment has discharged in full or in part the liability of a tortfeasor and has thereby discharged in full its obligation as insurer, is subrogated to the tortfeasor s right of contribution to the extent of the amount it has paid in excess of the tortfeasor s equitable share of the common liability. This provision does not limit or impair any right of subrogation arising from any other relationship.

(Added to NRS by 1973, 1304; A 1979, 1356)

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