NRS 694C.060 “Captive insurer” defined.
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NRS 694C.060 “Captive insurer” defined. “Captive insurer” means:
1. Any pure captive insurer, association captive insurer, agency captive insurer, rental captive insurer and sponsored captive insurer licensed pursuant to this chapter. The term includes a pure captive insurer who, unless otherwise provided by the Commissioner, is a branch captive insurer with respect to operations in this State.
2. Any state-chartered risk retention group.