“Participant contract” defined.

Nev. Rev. Stat. § 694C.115
in effect
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“Participant contract” means a contract by which a sponsored captive insurer insures the risks of a participant and limits the losses of each such participant to its pro rata share of the assets of one or more protected cells identified in the participant contract.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-694C.htmlFetched: 10/4/2026