NAC616B.573. Payment of claim with immediately negotiable instrument.

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1. An association shall issue all payments for claims, including payments made pursuant to an annuity, on instruments that are immediately negotiable in this State pursuant to NRS 687B.255.

2. The Commissioner may withdraw the certification of an association that does not comply with subsection 1.

(Added to NAC by Comm’r of Insurance, eff. 3-22-96; A 11-1-96)

                    
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