689A.310 - Ownership of policy by person other than insured.
689A.310 Ownership of policy by person other than insured. The word “insured,” as used in this chapter, shall not be construed as preventing a person other than the insured with a proper insurable interest from making application for and owning a policy covering the insured or from being entitled under such a policy to any indemnities, benefits and rights provided therein.
(Added to NRS by 1971, 1764)