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

NRS 682A.027: “Cap” defined.

Where this section sits in the code

TITLE 57 — INSURANCE
CHAPTER 682A - INVESTMENTS
GENERAL PROVISIONS
Definitions

“Cap” means an agreement obligating the seller to make payments to the buyer, with each payment based on the amount by which a reference price or level, or the performance or value of one or more underlying interests, exceeds a predetermined number, sometimes referred to as the strike rate or strike price.

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

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