Nevada § 694C.110 “Parent” defined

Nevada Statutes

§ 694C.110 — “Parent” defined

Nevada § 694C.110

Title 57INSURANCE

Ch. 694CCaptive

GENERAL PROVISIONS

This text of Nevada § 694C.110 (“Parent” 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. § 694C.110 (2026).

Text

“Parent” means a corporation, limited-liability company, partnership, association or other form of business organization that directly or indirectly owns, controls or holds with power to vote more than 50 percent of the outstanding voting securities of:

1.A pure captive insurer organized as a stock corporation; or

2.The membership of a pure captive insurer organized as a nonprofit corporation.

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“Parent” means a corporation, limited-liability company, partnership, association or other form of business organization that directly or indirectly owns, controls or holds with power to vote more than 50 percent of the outstanding voting securities of:
1. A pure captive insurer organized as a stock corporation; or
2. The membership of a pure captive insurer organized as a nonprofit corporation.