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Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 681A.320: “Facultative” defined.

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Where this section sits in the code
  1. TITLE 57 — INSURANCE
  2. CHAPTER 681A - KINDS OF INSURANCE; LIMITS ON RISK; REINSURANCE
  3. REINSURANCE
  4. Brokers and Managers

A submission is “facultative” if both the primary insurer and the reinsurer have the choice to accept or reject the submission.

Collected 2026-09-03T05:51:46Z. Source file · JSON

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