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2020 Nevada Revised Statutes
Chapter 686B - Rates and Essential Insurance
NRS 686B.1761 - "Rate" defined.
Universal Citation: NV Rev Stat § 686B.1761 (2020)
"Rate" means the cost of insurance based on a unit of exposure to liability before any adjustments are made for an individual employer’s losses, or expenses, or a combination of both. The term does not include minimum premiums charged by an insurer.
(Added to NRS by 1995, 2049)
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