Nevada Revised Statutes 682A.219 – ‘Unrestricted surplus’ defined
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‘Unrestricted surplus’ means the amount by which total admitted assets exceed 125 percent of the insurer’s required liabilities.
Terms Used In Nevada Revised Statutes 682A.219
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.