Nev. Admin. Code § 688A.Sec. 10 - NEW

"Non-guaranteed elements" means the premiums, credited interest rates (including any bonus), benefits, values, dividends, non-interest based credits, charges or elements of formulas used to determine any of these, that are subject to company discretion and are not guaranteed at issue. An element is considered non-guaranteed if any of the underlying non-guaranteed elements are used in its calculation.

Notes

Nev. Admin. Code § 688A.Sec. 10
Added to NAC by Comm'r of Insurance by R109-23A, eff. 11/15/2024

NRS 679B.130

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