Ensuring of payment or credit of guaranteed minimum interest rate.

  1. Law
  2. Nevada Revised Statutes
  3. Nevada Life and Health Insurance Guaranty Association
  4. Ensuring of payment or credit of guaranteed minimum interest rate.

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When proceeding pursuant to paragraph (b) of subsection 2 of NRS 686C.152 with respect to any policy or contract carrying guaranteed minimum interest rates, the Association shall ensure the payment or crediting of a rate of interest consistent with paragraph (c) of subsection 1 of NRS 686C.035.

(Added to NRS by 1991, 866; A 2001, 1038)


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