694C.075 - “Controlled unaffiliated business” defined.
694C.075 “Controlled unaffiliated business” defined. “Controlled unaffiliated business” means any company:
1. That is not in the corporate system of a parent and affiliated companies;
2. That has an existing contractual relationship with a parent or affiliated company; and
3. Whose risks are managed by a captive insurer pursuant to this chapter.
(Added to NRS by 2005, 2147)