Ensuring of payment or credit of guaranteed minimum interest rate.

NRS 686C.155 Ensuring of payment or credit of guaranteed minimum interest rate. When proceeding pursuant to paragraph (b) of subsection 2 of NRS 686C.152 with respect to any policy or contract carrying guaranteed minimum interest rates, the Association shall ensure the payment or crediting of a rate of interest consistent with paragraph (c) of subsection 1 of NRS 686C.035. (Added to NRS by 1991, 866; A 2001, 1038)