Nevada Administrative Code
Chapter 681B - Insurance: Assets and Liabilities
RISK-BASED CAPITAL OF INSURERS
Foreign Insurers and Health Organizations
Section 681B.570 - Application for appointment of Commissioner as receiver

Universal Citation: NV Admin Code 681B.570
Current through September 16, 2024

If an event that requires mandatory control occurs to a foreign insurer or health organization and a domiciliary receiver has not been appointed in accordance with the laws relating to rehabilitation and liquidation of the state in which the foreign insurer or health organization is domiciled, if any, the Commissioner may, pursuant to the provisions of chapter 696B of NRS relating to the liquidation of property of a foreign insurer or health organization, apply to a court of competent jurisdiction to appoint the Commissioner as receiver.

Added to NAC by Comm'r of Insurance by R088-97, eff. 3-19-98; A by R132-13, eff. 10/1/2014

NRS 679B.130

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