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Code · Nevada · CHAPTER 694C - CAPTIVE INSURERS

NRS 694C.380 Insurer prohibited from joining or contributing to or receiving benefit for claims from assigned risk pool or insurance insolvency guaranty fund.

86 words·~1 min read·/nv/chapter-694c-captive-insurers/694c-380·

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NRS 694C.380 Insurer prohibited from joining or contributing to or receiving benefit for claims from assigned risk pool or insurance insolvency guaranty fund. A captive insurer shall not join or contribute financially to an assigned risk pool or insurance insolvency guaranty fund in this State. A captive insurer or its insured, its parent or an affiliated company, or any member organization of its association shall not receive any benefit from such a pool or fund for claims arising out of the operations of the captive insurer.
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