Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter681A Kinds of Insurance; Reinsurance |
REINSURANCE TRANSACTIONS |
NAC681A.370. Authority of ceding insurer to take credit for unencumbered assets.
Latest version.
- A ceding insurer may take credit for unencumbered assets withheld by the ceding insurer in the United States which are subject to withdrawal solely by the ceding insurer and are under its exclusive control.
(Added to NAC by Comm’r of Insurance, eff. 6-28-96)