2010 Nevada Code
TITLE 57 INSURANCE
Chapter 691C Credit Personal Property Insurance
NRS 691C.220 "Reverse competition" defined.

NRS 691C.220 "Reverse competition" defined. "Reverse competition" means competition among insurers that regularly takes the form of insurers competing for the favor of a person who controls or may control the placement of insurance with insurers that tends to increase insurance premiums or prevents a decrease in insurance premiums in order to give greater compensation to a person who controls or may control the placement of insurance with insurers.

(Added to NRS by 2005, 2107)



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