Nevada Revised Statutes 687A.037 – ‘Member insurer’ defined
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‘Member insurer’ means any person, except a fraternal or nonprofit service corporation which:
Terms Used In Nevada Revised Statutes 687A.037
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
1. Writes any kind of insurance to which this chapter applies, including the exchange of reciprocal or interinsurance agreements of indemnity.
2. Is authorized to transact insurance in this state.