“Closed block” defined.

Nev. Rev. Stat. § 693A.405
in effect
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“Closed block” means an allocation of assets of the converting mutual sufficient to maintain payments of guaranteed benefits and the continuation of the current dividends for eligible members.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-693A.htmlFetched: 10/4/2026

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