Nevada Revised Statutes
Chapter 686C - Nevada Life and Health Insurance Guaranty Association

NRS 686C.128 - Document describing general purposes and current limitations of chapter: Preparation; distribution and revision; disclaimer; related duties by member insurer. - 1. The Association shall prepare, and submit to the Commissioner...

NRS 686C.130 - Creation of Association; membership; operation; accounts; supervision by Commissioner. - 1. There is hereby created a nonprofit legal entity to...

NRS 686C.140 - Board of Directors: Members; vacancies; initial selection; reimbursement of expenses. - 1. The Board of Directors of the Association consists of...

NRS 686C.150 - Powers regarding impaired insurers. - If a member insurer is an impaired insurer, the Association...

NRS 686C.152 - Duties regarding insolvent insurers. - If a member insurer is an insolvent insurer, the Association...

NRS 686C.153 - Provision of substitute benefits and coverage with respect to covered policies or contracts. - 1. When proceeding pursuant to paragraph (b) of subsection 2...

NRS 686C.154 - Alternative policies or contracts: Adoption; approval; contents; premium; coverage. - 1. Alternative policies or contracts adopted by the Association are...

NRS 686C.155 - Ensuring of payment or credit of guaranteed minimum interest rate. - When proceeding pursuant to paragraph (b) of subsection 2 of...

NRS 686C.156 - Issuance of substitute coverage for policy or contract that uses external reference for calculating returns or changes in value. - In carrying out its duties in connection with guaranteeing, assuming,...

NRS 686C.158 - Payment of premiums; liability for unearned premiums. - Premiums due for coverage after entry of an order of...

NRS 686C.160 - Imposition of restraints on insurers. - In carrying out its responsibilities under NRS 686C.152, the Association...

NRS 686C.170 - Liability for guaranty provided by laws of another state or jurisdiction. - The Association is not liable under NRS 686C.152 where a...

NRS 686C.175 - Receipt and disposition of deposit held pursuant to law or required by Commissioner for benefit of creditors. - A deposit in this state, held pursuant to law or...

NRS 686C.180 - Provision of assistance to Commissioner. - The Association may render assistance and advice to the Commissioner...

NRS 686C.190 - Legal standing. - The Association has standing: 1. To appear or intervene before...

NRS 686C.200 - Subrogation. - 1. A person receiving benefits under this chapter shall be...

NRS 686C.210 - Limitations on obligations. - 1. The benefits that the Association may become obligated to...

NRS 686C.220 - General powers. - The Association may: 1. Enter into such contracts as are...

NRS 686C.221 - Determination of means to provide benefits; limitation on entitlement to benefits. - 1. The Board of Directors of the Association may exercise...

NRS 686C.222 - Requests for information from member insurers. - The Association may request information from member insurers to aid...

NRS 686C.223 - Election to succeed to rights and obligations of member insurer; transfer of obligations to another insurer. - 1. As used in this section, "coverage date" means the...

NRS 686C.224 - Assumption of reinsurance contracts: Authority; duties and responsibilities of ceding member insurers and Association. - 1. At any time within 180 days after the date...

NRS 686C.2241 - Assumption of reinsurance contracts: Suspension of rights and obligations for period after order of liquidation. - 1. During the period after the date of an order...

NRS 686C.2243 - Assumption of reinsurance contracts: Contracts not assumed by Association. - If the Association does not elect to assume a reinsurance...

NRS 686C.2245 - Assumption of reinsurance contracts: Transfer of contracts by Association. - When policies or contracts, or covered obligations with respect thereto,...

NRS 686C.2247 - Assumption of reinsurance contracts: Applicability of other provisions. - The provisions of NRS 686C.224 to 686C.2249, inclusive, supersede the...

NRS 686C.2249 - Assumption of reinsurance contracts: Terms and conditions of contract not affected; exceptions. - 1. Except as otherwise provided in NRS 686C.130 to 686C.226,...

NRS 686C.225 - Termination of obligations: Replacement of coverage under policy or contract. - The Association’s obligations with respect to coverage under any policy...

NRS 686C.226 - Termination of obligations: Failure to pay premiums. - Failure to pay premiums within 31 days after the date...

NRS 686C.230 - Imposition; classes. - 1. To provide the money necessary to carry out the...

NRS 686C.240 - Computation; necessity; notification. - 1. The Board of Directors of the Association shall determine...

NRS 686C.250 - Abatement or deferment; maximum amount; effect of insufficiency; allocation of funds among claims. - 1. The Association may abate or defer, in whole or...

NRS 686C.260 - Refund to member insurers. - The Board of Directors may, by an equitable method as...

NRS 686C.270 - Rates and dividends may reflect assessments. - It is proper for any member insurer, in determining its...

NRS 686C.280 - Issuance, effect and use of certificate of contribution; offset against liability for premium tax; recoupment of assessments; payment and deposit of refund. - 1. The Association shall issue to each member insurer paying...

NRS 686C.285 - Protest by member insurer: Procedure. - 1. A member insurer that wishes to protest all or...

NRS 686C.290 - Plan of operation: Submission; amendments; approval by Commissioner; compliance; contents; delegation of duties or powers. - 1. The Association shall submit to the Commissioner a plan...

NRS 686C.300 - Additional powers and duties of Commissioner; suspension or revocation of certificate of authority or levy of forfeiture; appeals to Commissioner; judicial review; notification of effect of chapter. - 1. In addition to the duties and powers otherwise provided...

NRS 686C.303 - Action by Commissioner upon failure to act by Association. - If the Association fails to act within a reasonable time...

NRS 686C.306 - Notice to other insurance commissioners of certain actions by Commissioner; reports by Commissioner of certain information to Board of Directors. - 1. The Commissioner shall notify the commissioners of insurance of...

NRS 686C.310 - Provision of information and advice by Board of Directors relating to financial condition of insurers. - 1. The Board of Directors may, upon majority vote, notify...

NRS 686C.330 - Impaired or insolvent insurers: Liability for unpaid assessments of insureds; maintenance and disclosure of records of Association; status of Association as creditor; distribution of ownership by court. - 1. This chapter does not reduce the liability for unpaid...

NRS 686C.333 - Recovery of distributions made before petition for liquidation or rehabilitation of insurer. - 1. If an order for liquidation or rehabilitation of a...

NRS 686C.340 - Impaired or insolvent insurers: Stay of proceedings; reopening of default judgments. - All proceedings in which the impaired or insolvent insurer is...

NRS 686C.350 - Examination and regulation of Association by Commissioner; annual financial report. - The Association is subject to examination and regulation by the...

NRS 686C.360 - Exemption of Association from payment of fees and taxes; exceptions. - The Association is exempt from payment of all fees and...

NRS 686C.370 - Immunity from liability. - There is no liability on the part of and no...

NRS 686C.380 - Actions arising under chapter: Venue; appeal bond not required of Association. - Venue in an action against the Association arising under this...

NRS 686C.390 - Unlawful advertisement using existence of Association for sale, solicitation or inducement to purchase; exception. - It is unlawful for a member insurer, agent or affiliate...

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Nevada Revised Statutes Chapter 686C - Nevada Life and Health Insurance Guaranty Association

Nevada Revised Statutes
Chapter 686C - Nevada Life and Health Insurance Guaranty Association