US Lawyer Database

NRS 691C.030 – “Collateral” defined.

“Collateral” means personal property in which a purchase money security interest is retained or personal property that is pledged as security for the satisfaction of a debt. (Added to NRS by 2005, 2105)

NRS 691C.040 – “Compensation” defined.

“Compensation” means any valuable consideration, direct or indirect, paid by or on behalf of the insurer, or by any subsidiary or parent, or subsidiary of the parent of the insurer, or by any other person to or on behalf of any group policyholder or producer or withheld from an insurer by any group policyholder or […]