[Rev. 6/26/2026 12:34:41 PM]

CHAPTER 695A - FRATERNAL BENEFIT SOCIETIES

[NAC-695A Revised Date: 6-26]

695A.100        Capital account.

NAC 695A.100  Capital account. (NRS 679B.130, 681B.550)  Each society shall maintain a capital account with a net worth in an amount which is not less than the amount of risk-based capital determined in the manner set forth in NRS 681B.550 and the regulations adopted pursuant thereto.

     (Added to NAC by Comm’r of Insurance by R132-13, 6-23-2014, eff. 10-1-2014)

REVISER’S NOTE.

      Pursuant to the provisions of NRS 0.024, the former provisions of NAC 695A.100 contained a definition that was deemed duplicative of that set forth in NRS 695A.044 and was subsequently removed from NAC 695A.100 in accordance with ch. 56, Stats. 2009, which contains the following provision not included in NRS:

      “Sec. 2.  The Legislative Counsel shall, in preparing supplements to the Nevada Administrative Code, appropriately change, move or remove any words and terms in the Nevada Administrative Code in a manner that the Legislative Counsel determines necessary to ensure consistency with the provisions of section 1 of this act [NRS 0.024].”