687A.140 - Rates and premiums to include recoupment of amount paid by Association. - Nevada Statutes

687A.140  Rates and premiums to include recoupment of amount paid by Association.  The rates and premiums charged for insurance policies to which this chapter applies shall include amounts sufficient to recoup a sum equal to the amounts paid to the Association by the member insurer less any amounts returned to the member insurer by the Association, or less any premium tax credits allowed under this chapter, and such rates shall not be deemed excessive as a result of containing such recoupment allowances.

      (Added to NRS by 1971, 1949)