NRS 694C.115 “Participant contract” defined.
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/nv/chapter-694c-captive-insurers/694c-115·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 694C.115 “Participant contract” defined. “Participant contract” means a contract by which a sponsored captive insurer insures the risks of a participant and limits the losses of each such participant to its pro rata share of the assets of one or more protected cells identified in the participant contract.