Nevada Revised Statutes 682A.183 – ‘Replication transaction’ defined
Current as of: 2022 | Check for updates
|
Other versions
‘Replication transaction’ means a derivative transaction that is intended to replicate the performance of one or more assets which an insurer is authorized to acquire in accordance with the provisions of this chapter. The term does not include a derivative transaction that is entered into as a hedging transaction.
Terms Used In Nevada Revised Statutes 682A.183
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.