Nevada Administrative Code|Section 695F.205 - Capital account

                                                

695F.205. Capital account

Each organization shall maintain a capital account with a net worth in an amount which is the greater of:

1. The amount required pursuant to NRS 695F.200; or

2. The amount of risk-based capital determined in the manner set forth in NRS 681B.290 and the regulations adopted pursuant thereto.

Added to NAC by Comm'r of Insurance by R005-03, eff. 2-12-2004

NRS 679B.130, 695F.200, 695F.300

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