{"data":{"id":"us-nv/nrs-693a.405","jurisdiction":"us-nv","citation":"NRS 693A.405","heading":"“Closed block” defined.","body":"“Closed block” means an allocation of assets of the converting mutual sufficient to maintain payments of guaranteed benefits and the continuation of the current dividends for eligible members.","path":["TITLE 57 — INSURANCE","CHAPTER 693A - CORPORATE POWERS AND PROCEDURES OF DOMESTIC STOCK AND MUTUAL INSURERS","CONVERSION OF MUTUAL INTO STOCK INSURER"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-693A.html#NRS693ASec405","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:46Z","sha256":"feb6cd2f08c06545e5893ab3a5b441eb5cca5fcbda4b53ec3466e6c979b2a2c6","source_id":"us-nv","stale":false,"prev":"us-nv/nrs-693a.400","next":"us-nv/nrs-693a.410"},"notice":"GroundRules: Original legal text. Not legal advice."}
