NAC681B.470. “Total adjusted capital” defined.

Latest version.

“Total adjusted capital” means the sum of:

1. An insurer’s statutory capital and surplus as determined in the annual financial statements required to be filed pursuant to NRS 680A.265; and

2. Such other items as the instructions relating to risk-based capital require to be included.

(Added to NAC by Comm’r of Insurance by R088-97, eff. 3-19-98)

                    
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