{"data":{"id":"us-nv/nrs-682a.027","jurisdiction":"us-nv","citation":"NRS 682A.027","heading":"“Cap” defined.","body":"“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.","path":["TITLE 57 — INSURANCE","CHAPTER 682A - INVESTMENTS","GENERAL PROVISIONS","Definitions"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-682A.html#NRS682ASec027","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:46Z","sha256":"d342ef6bcebec4e145fab23d4d5f1c2156929531624f83f4254424e045357e7c","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-682a.025","next":"us-nv/nrs-682a.029"},"notice":"GroundRules: Original legal text. Not legal advice."}