Nevada Administrative Code
Chapter 693A - Corporate Powers and Procedures of Domestic Stock and Mutual Insurers
PROXY AND INFORMATION STATEMENTS
Section 693A.390 - Bonus, profit-sharing and other remuneration plans
Current through September 16, 2024
If action is to be taken with respect to any bonus, profit-sharing or other remuneration plan of the insurer, the following information is required:
1. A brief description of the material features of the plan, each class of persons who will participate therein, the approximate number of persons in each class and the basis of participation.
2. The amounts which would have been distributable under the plan during the last calendar year to:
if the plan had been in effect during that year.
3. If the plan to be acted upon may be amended, other than by a vote of security holders, in a manner which would materially increase the cost thereof to the insurer or materially alter the allocation of the benefits between the groups specified in subsection 2 of this section, the nature of such amendments must be specified.
Comm'r of Insurance, Schedule A item 8, eff. 5-13-72
NRS 679B.130
