Nevada Revised Statutes
Nev. Rev. Stat. § 694C.113 (2026)
“Participant” defined
✓ current as of July 2026
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NRS 694C.113 “Participant” defined. “Participant”
means a corporation, association, limited-liability company, partnership,
trust, sponsor or other business organization, any affiliate thereof, and a
homeowner or a unit-owners’ association, as defined in NRS 116.011, that is insured by a sponsored
captive insurer, where the losses of the participant are limited by a
participant contract to the participant’s pro rata share of the assets of one
or more protected cells identified in such participant contract.
(Added to NRS by 2005, 2147; A 2025, 2711)
Notes of Decisions
Cited in 1
case, 2020–2020 · leading case: Nat'l World War II Museum, Inc. v. Talisman Cas. Ins. Co., LLC (E.D. La. 2020).
Nat'l World War II Museum, Inc. v. Talisman Cas. Ins. Co., LLC (E.D. La. 2020). “Nev. Rev. Stat. Ann. § 694C.113. “Protected cell” means a separate account established by a sponsored captive insurer in which assets are maintained for one or more participants in accordance with the terms of one or more participant contracts that fund the liability of the…”
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