Nevada Administrative Code (Last Updated: January 6, 2015)

NAC690A.014. “Outstanding balance basis” defined.

Latest version.

“Outstanding balance basis” means premiums that are paid monthly using a rate per $1,000 of monthly outstanding insured indebtedness.

(Added to NAC by Comm’r of Insurance by R014-06, 3-23-2007, eff. 4-1-2007)

                    
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