1.  As used in NRS 681B.200 to 681B.260, inclusive, ‘qualified actuary’ means a natural person who is qualified to sign the applicable statement of actuarial opinion in accordance with the qualification standards set by the American Academy of Actuaries for an actuary signing such a statement.

lawyer at desk

Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Nevada Revised Statutes 681B.200

  • 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

2.  Except as otherwise provided in NRS 681B.310, the provisions of this section apply only before the operative date of the Valuation Manual.

  Previous section
Next section  
 Opinion of Qualified Actuary Contents