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2015 Nevada Revised Statutes
Chapter 694C - Captive Insurers
NRS 694C.075 - “Controlled unaffiliated business” defined.

NV Rev Stat § 694C.075 (2015) What's This?

“Controlled unaffiliated business” means any company:

1. That is not in the corporate system of a parent and affiliated companies;

2. That has an existing contractual relationship with a parent or affiliated company; and

3. Whose risks are managed by a captive insurer pursuant to this chapter.

(Added to NRS by 2005, 2147)

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