Nev. Rev. Stat. § 693A.405
“Closed block” defined
Nevada · Nevada Revised Statutes Chapter 693A — Corporate Powers and Procedures of Domestic Stock and Mutual Insurers · Status: effective
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- Nev. Rev. Stat. § 693A.405, “Closed block” defined, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2149097
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“Closed block” means an allocation of assets of the converting mutual sufficient to maintain payments of guaranteed benefits and the continuation of the current dividends for eligible members.