2013 Nevada Revised Statutes
Chapter 694C - Captive Insurers
NRS 694C.113 - Participant defined.


NV Rev Stat § 694C.113 (2013) What's This?

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)

Disclaimer: These codes may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.