"Resident" means any person to whom a contractual obligation is owed and who resides in this state on the date of entry of a court order that determines a member insurer to be impaired or insolvent. A person may be a resident of but one state, which in the case of a person other than a natural person is its principal place of business. A citizen of the United States who is a resident of a foreign country or of a territory or insular possession subject to the jurisdiction of the United States which does not have an association similar to the Association created by this chapter shall be deemed to be a resident of the state of domicile of the member insurer that issued the policy or contract.
(Added to NRS by 1973, 303; A 1991, 871; 2001, 1034; 2015, 3475; 2019, 1087)
Structure Nevada Revised Statutes
Chapter 686C - Nevada Life and Health Insurance Guaranty Association
NRS 686C.020 - Purpose of chapter.
NRS 686C.030 - Scope of chapter: Coverage provided.
NRS 686C.035 - Scope of chapter: Coverage not provided.
NRS 686C.038 - Applicability of chapter to riders for long-term care.
NRS 686C.045 - "Account" defined.
NRS 686C.048 - "Annuity" defined.
NRS 686C.050 - "Association" defined.
NRS 686C.055 - "Authorized assessment" defined.
NRS 686C.061 - "Benefit plan" defined.
NRS 686C.065 - "Called assessment" defined.
NRS 686C.070 - "Contractual obligation" defined.
NRS 686C.080 - "Covered policy or contract" defined.
NRS 686C.084 - "Extra-contractual claim" defined.
NRS 686C.087 - "Health maintenance organization" defined.
NRS 686C.090 - "Impaired insurer" defined.
NRS 686C.095 - "Insolvent insurer" defined.
NRS 686C.100 - "Member insurer" defined.
NRS 686C.104 - "Owner" defined.
NRS 686C.108 - "Person" defined.
NRS 686C.110 - "Premiums" defined.
NRS 686C.115 - "Principal place of business" defined.
NRS 686C.120 - "Resident" defined.
NRS 686C.123 - "State" defined.
NRS 686C.124 - "Structured settlement annuity" defined.
NRS 686C.125 - "Supplemental contract" defined.
NRS 686C.127 - "Unallocated annuity contract" defined.
NRS 686C.140 - Board of Directors: Members; vacancies; initial selection; reimbursement of expenses.
NRS 686C.150 - Powers regarding impaired insurers.
NRS 686C.152 - Duties regarding insolvent insurers.
NRS 686C.154 - Alternative policies or contracts: Adoption; approval; contents; premium; coverage.
NRS 686C.155 - Ensuring of payment or credit of guaranteed minimum interest rate.
NRS 686C.158 - Payment of premiums; liability for unearned premiums.
NRS 686C.160 - Imposition of restraints on insurers.
NRS 686C.170 - Liability for guaranty provided by laws of another state or jurisdiction.
NRS 686C.180 - Provision of assistance to Commissioner.
NRS 686C.190 - Legal standing.
NRS 686C.210 - Limitations on obligations.
NRS 686C.220 - General powers.
NRS 686C.221 - Determination of means to provide benefits; limitation on entitlement to benefits.
NRS 686C.222 - Requests for information from member insurers.
NRS 686C.2243 - Assumption of reinsurance contracts: Contracts not assumed by Association.
NRS 686C.2245 - Assumption of reinsurance contracts: Transfer of contracts by Association.
NRS 686C.2247 - Assumption of reinsurance contracts: Applicability of other provisions.
NRS 686C.225 - Termination of obligations: Replacement of coverage under policy or contract.
NRS 686C.226 - Termination of obligations: Failure to pay premiums.
NRS 686C.230 - Imposition; classes.
NRS 686C.240 - Computation; necessity; notification.
NRS 686C.260 - Refund to member insurers.
NRS 686C.270 - Rates and dividends may reflect assessments.
NRS 686C.285 - Protest by member insurer: Procedure.
NRS 686C.303 - Action by Commissioner upon failure to act by Association.
NRS 686C.340 - Impaired or insolvent insurers: Stay of proceedings; reopening of default judgments.
NRS 686C.350 - Examination and regulation of Association by Commissioner; annual financial report.
NRS 686C.360 - Exemption of Association from payment of fees and taxes; exceptions.
NRS 686C.370 - Immunity from liability.
NRS 686C.380 - Actions arising under chapter: Venue; appeal bond not required of Association.