NRS 694C.120
“Pure captive insurer” defined.

“Pure captive insurer” means a captive insurer that only insures risks of its parent and affiliated companies or controlled unaffiliated businesses and, unless otherwise provided by the Commissioner, includes a branch captive insurer.

Source: Section 694C.120 — “Pure captive insurer” defined., https://www.leg.state.nv.us/NRS/NRS-694C.html#NRS694CSec120.

694C.010
Definitions. 694C.020
“Affiliated company” defined. 694C.030
“Agency captive insurer” defined. 694C.035
“Alien captive insurer” defined. 694C.040
“Association” defined. 694C.050
“Association captive insurer” defined. 694C.053
“Branch business” defined. 694C.055
“Branch captive insurer” defined. 694C.057
“Branch operations” defined. 694C.060
“Captive insurer” defined. 694C.070
“Commissioner” defined. 694C.075
“Controlled unaffiliated business” defined. 694C.080
“Division” defined. 694C.085
“Dormant captive insurer” defined. 694C.090
“Member organization” defined. 694C.100
“Mutual insurer” defined. 694C.110
“Parent” defined. 694C.113
“Participant” defined. 694C.115
“Participant contract” defined. 694C.117
“Protected cell” defined. 694C.120
“Pure captive insurer” defined. 694C.130
“Reciprocal insurer” defined. 694C.140
“Rental captive insurer” defined. 694C.141
“Risk retention group” defined. 694C.143
“Sponsor” defined. 694C.147
“Sponsored captive insurer” defined. 694C.149
“State-chartered risk retention group” defined. 694C.150
“Stock insurer” defined. 694C.160
Applicability of other provisions. 694C.170
Regulations. 694C.180
Formation of captive insurer. 694C.190
Name. 694C.195
Formation of sponsored captive insurer.

Last Updated

Jun. 24, 2021

§ 694C.120’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_694c.120

Original Source: Section 694C.120 — “Pure captive insurer” defined., https://www.leg.state.nv.us/NRS/NRS-694C.html#NRS694CSec120 (last accessed Jun. 24, 2021).