NRS 692A.041
“Premium” defined.


1.

“Premium” means charges for:

(a)

Assuming a risk;

(b)

Abstracting, searching and examining title to determine insurability; and

(c)

Any other activity associated with the assumption of risk.

2.

“Premium” does not include charges for:

(a)

Escrow;

(b)

Settlement or closing; or

(c)

Other special services not associated with the assumption of risk,
Ê whether or not they are called premiums.

Source: Section 692A.041 — “Premium” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-692A.­html#NRS692ASec041.

Last Updated

Jun. 24, 2021

§ 692A.041’s source at nv​.us