Nevada Revised Statutes 42.210 – ‘Annuity issuer’ defined
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‘Annuity issuer’ means an insurer that has issued a contract to fund periodic payments under a structured settlement.
Terms Used In Nevada Revised Statutes 42.210
- Contract: A legal written agreement that becomes binding when signed.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.