Nevada § 695A.200 Nonforfeiture benefits, cash surrender values, certificate loans and other options

Nevada Statutes

§ 695A.200 — Nonforfeiture benefits, cash surrender values, certificate loans and other options

Nevada § 695A.200

Title 57INSURANCE

Ch. 695AFraternal

This text of Nevada § 695A.200 (Nonforfeiture benefits, cash surrender values, certificate loans and other options) 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. § 695A.200 (2026).

Text

1.A society may grant paid-up nonforfeiture benefits, cash surrender values, certificate loans and such other options as its laws may permit.

2.In the case of certificates for which reserves are computed on the Commissioners 1980 Standard Ordinary Mortality Table or such other table of mortality as may be specified by the society and approved by the Commissioner, every paid-up nonforfeiture benefit and the amount of any cash surrender value, loan or other option granted must not be less than the corresponding amount ascertained in accordance with the provisions of the laws of this state applicable to life insurance companies issuing policies containing like insurance benefits based upon those tables.

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1. A society may grant paid-up nonforfeiture benefits, cash surrender values, certificate loans and such other options as its laws may permit.
2. In the case of certificates for which reserves are computed on the Commissioners 1980 Standard Ordinary Mortality Table or such other table of mortality as may be specified by the society and approved by the Commissioner, every paid-up nonforfeiture benefit and the amount of any cash surrender value, loan or other option granted must not be less than the corresponding amount ascertained in accordance with the provisions of the laws of this state applicable to life insurance companies issuing policies containing like insurance benefits based upon those tables.