Nevada Administrative Code
Chapter 694C - Captive Insurers
ADMINISTRATION
Section 694C.260 - Notification of certain changes in operations or organizational structure
Universal Citation: NV Admin Code 694C.260
Current through December 31, 2024
If any material change occurs in the operations of a captive insurer or in the organizational structure within the captive insurer :
1. The manager, certified public accountant or actuary of the captive insurer shall notify the board of directors of the captive insurer of the material change within 60 days after the material change occurs ; and
2. The captive insurer shall file a copy of the notice required by subsection 1 with the Commissioner not later than 60 days after the date such notice is provided to the board of directors.
Added to NAC by Comm'r of Insurance by R125-99, eff. 1-27-2000; A by R080-16A, eff. 11/2/2016
NRS 679B.130, 694C.170;
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