Principle-based valuation: Prescribed formulaic reserve component allowed; applicability.

Nev. Rev. Stat. § 681B.380
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
1. A principle-based valuation may include a prescribed formulaic reserve component. 2. Except as otherwise provided in NRS 681B.310 , the provisions of this section apply only to, or in connection with, policies and contracts issued on or after the operative date of the Valuation Manual .
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-681B.htmlFetched: 10/4/2026

Starting a business in Nevada? Nevada LLC guide: costs and requirements