Nevada Administrative Code
Chapter 694C - Captive Insurers
LICENSING
Section 694C.100 - Qualifying investigation or examination of applicant

Universal Citation: NV Admin Code 694C.100

Current through September 16, 2024

The Commissioner may perform a qualifying investigation or examination of an applicant either before or after the applicant is issued a certificate of authority. Such an investigation or examination may consist of a general survey of the corporate records of the applicant, including:

1. The charter, bylaws and minute books of the applicant;

2. Verification of the principal place of business of the applicant;

3. A determination of the assets and liabilities of the applicant;

4. A review of the accounting systems and rules for underwriting of the applicant; and

5. A review of such other factors as the Commissioner deems necessary.

Added to NAC by Comm'r of Insurance by R125-99, eff. 1-27-2000; A by R064-06, 9-18-2006

NRS 679B.130, 694C.170

Disclaimer: These regulations may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.