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Current as of January 01, 2025 | Updated by Findlaw Staff
For open-end credit transactions, the rating plan of the insurer must address, by the grouping of similar accounts, the expected variance in the ratio of goods purchased that are covered under the credit personal property insurance and goods that are not covered by that insurance. Accounts must be separated into groups that have or are expected to have a similar ratio of goods purchased that are covered under the credit personal property insurance and goods that are not covered by that insurance.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 691C.360. Open-end credit transactions: Rating plan required to address certain expected variance; requirements for accounts - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-691c-360/
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