{"data":{"id":"us-nv/nrs-688d.060","jurisdiction":"us-nv","citation":"NRS 688D.060","heading":"“Retained asset account” defined.","body":"“Retained asset account” means any account or other mechanism by which the settlement of any proceeds payable under a policy of life insurance is accomplished by the insurer or a person acting on behalf of the insurer by depositing the proceeds into an account with draft or check writing privileges, where the proceeds are retained by the insurer, pursuant to a supplementary contract not involving annuity benefits.","path":["TITLE 57 — INSURANCE","CHAPTER 688D - PAYMENT OF BENEFITS UPON DEATH OF INSURED"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-688D.html#NRS688DSec060","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:46Z","sha256":"f6137e2011fc86680c549e51fa8dd1c36daa84e771fac8ecc40c76666ba5dd9f","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-688d.050","next":"us-nv/nrs-688d.070"},"notice":"GroundRules: Original legal text. Not legal advice."}