Nev. Rev. Stat. § 690C.040
“Contractual liability insurance policy” defined
Nevada · Nevada Revised Statutes Chapter 690C — Service Contracts · Status: effective
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- Citation
- Nev. Rev. Stat. § 690C.040, “Contractual liability insurance policy” defined, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2148290
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Full text
“Contractual liability insurance policy” means a policy of insurance that is issued to a provider to either:
1. Reimburse the provider under the terms of a service contract issued or sold by the provider; or
2. If the provider does not satisfy his or her obligation under a service contract, pay on behalf of the provider any money the provider has an obligation to pay under the service contract.