Nevada Statutes
§ 681A.320 — “Facultative” defined
Nevada § 681A.320
This text of Nevada § 681A.320 (“Facultative” defined) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Nev. Rev. Stat. § 681A.320 (2026).
Text
A submission is “facultative” if both the primary insurer and the reinsurer have the choice to accept or reject the submission.
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Legislative History
(Added to NRS by 1995, 1760 )
Nearby Sections
15
§ 681A.010
Definitions; nonexclusive application§ 681A.020
“Casualty insurance” defined§ 681A.022
“Continuous care coverage” defined§ 681A.024
“Covered agreement” defined§ 681A.030
“Health insurance” defined§ 681A.040
“Life insurance” defined§ 681A.055
“NAIC” defined§ 681A.060
“Property insurance” defined§ 681A.062
“Reciprocal jurisdiction” defined§ 681A.068
“Solvent scheme of arrangement” defined§ 681A.070
“Surety insurance” defined§ 681A.080
“Title insurance” defined§ 681A.090
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Bluebook (online)
Nevada § 681A.320, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/681A.320.