{"data":{"id":"us-nv/nrs-681a.520","jurisdiction":"us-nv","citation":"NRS 681A.520","heading":"Managers: Sharing of interim profits.","body":"If a contract between a manager for reinsurance and the reinsurer he or she represents provides for a sharing of interim profits by the manager for reinsurance, the interim profits must not be paid until 1 year after the end of each underwriting period for property insurance and 5 years after the end of each underwriting period for casualty insurance, and not until the adequacy of reserves on remaining claims has been verified pursuant to NRS 681A.550.","path":["TITLE 57 — INSURANCE","CHAPTER 681A - KINDS OF INSURANCE; LIMITS ON RISK; REINSURANCE","REINSURANCE","Brokers and Managers"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-681A.html#NRS681ASec520","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:46Z","sha256":"56970c52d7ccb2320a33b0db97d28e8087b3b7e1f370eac4a4ac169ec92425e7","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-681a.510","next":"us-nv/nrs-681a.530"},"notice":"GroundRules: Original legal text. Not legal advice."}