{"data":{"id":"us-nv/nrs-693a.240","jurisdiction":"us-nv","citation":"NRS 693A.240","heading":"Mutual insurers: Enforcement of contingent liability.","body":"1. The insurer shall notify each member of the amount of the assessment to be paid by written notice mailed to the address of the member last of record with the insurer. Failure of the member to receive the notice so mailed, within the time specified therein for the payment of the assessment or at all, shall be no defense in any action to collect the assessment.\n2. If a member fails to pay the assessment within the period specified in the notice, which period shall not be less than 20 days after mailing, the insurer may institute suit to collect the same.","path":["TITLE 57 — INSURANCE","CHAPTER 693A - CORPORATE POWERS AND PROCEDURES OF DOMESTIC STOCK AND MUTUAL INSURERS","GENERAL PROVISIONS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-693A.html#NRS693ASec240","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:46Z","sha256":"94068b5cd329c17712342c367eab6cfbc7e66105063f6979f7f6fc94fb7ab496","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-693a.230","next":"us-nv/nrs-693a.250"},"notice":"GroundRules: Original legal text. Not legal advice."}