NAC681B.115. “Appointed actuary” defined.  


Latest version.
  • “Appointed actuary” means a qualified actuary who is appointed or retained by the board of directors or its equivalent of an insurer or by an executive officer of the insurer, other than the qualified actuary, acting under the authority of the board of directors or its equivalent, to prepare the opinions required pursuant to NRS 681B.210 and 681B.220 and the supporting memorandum required pursuant to NRS 681B.230.

     (Added to NAC by Comm’r of Insurance, eff. 5-23-96; A by R146-12, 10-4-2013)