Nevada Revised Statutes
Chapter 693A - Corporate Powers and Procedures of Domestic Stock and Mutual Insurers

NRS 693A.080 - Information to stockholders and regulation of proxies: Scope of provisions; rules and regulations. - 1. This section and NRS 693A.090 and 693A.100 apply to...

NRS 693A.090 - Information to stockholders and regulation of proxies: Information in advance of meetings. - Every insurer to which this section and NRS 693A.080 and...

NRS 693A.100 - Information to stockholders and regulation of proxies: Solicitation and form of proxies. - 1. No person shall solicit a proxy, consent or authorization...

NRS 693A.110 - Management and agency contracts; regulations. - 1. After January 1, 1972, a domestic insurer shall not...

NRS 693A.120 - Prohibited pecuniary interest of officers; regulations. - 1. Any officer or director, or any member of any...

NRS 693A.130 - Liability of officers and others for paying taxes, licenses and fees. - No director, trustee, officer or agent of any insurer shall...

NRS 693A.140 - Dividends to stockholders. - 1. A domestic stock insurer shall not pay any cash...

NRS 693A.150 - Participating policies. - 1. If provided for in its articles of incorporation or...

NRS 693A.160 - Dividends to policyholders. - 1. The directors of a domestic mutual insurer may from...

NRS 693A.170 - Purchase of own shares by stock insurer. - A domestic insurer shall have the right to purchase or...

NRS 693A.180 - Borrowing. - 1. A domestic stock or mutual insurer may without pledge...

NRS 693A.190 - Mutual insurers: Additional kinds of insurance. - A domestic mutual insurer after being authorized to transact one...

NRS 693A.200 - Mutual insurers: Membership. - 1. Each policyholder of a domestic mutual insurer, other than...

NRS 693A.210 - Mutual insurers: Bylaws. - Every domestic mutual insurer shall promptly file with the Commissioner...

NRS 693A.220 - Mutual insurers: Contingent liability of members. - 1. Except as otherwise provided in NRS 693A.250 with respect...

NRS 693A.230 - Mutual insurers: Levy of contingent liability. - 1. If at any time the assets of a domestic...

NRS 693A.240 - Mutual insurers: Enforcement of contingent liability. - 1. The insurer shall notify each member of the amount...

NRS 693A.250 - Mutual insurers: Nonassessable policies; revocation of authority. - 1. A domestic mutual insurer, by depositing through the Commissioner...

NRS 693A.260 - Impairment of capital, surplus or assets: Notice; time to cure; restrictions. - 1. If at any time the amount of assets of...

NRS 693A.270 - Impairment of capital, surplus or assets: Curing deficiency; failure to cure. - 1. A deficiency referred to in NRS 693A.260 may be...

NRS 693A.280 - Impairment of capital, surplus or assets: Violation of restrictions or requirements; penalty. - If, while any such deficiency exists any officer, director, representative...

NRS 693A.290 - Mutualization of stock insurer. - 1. A stock insurer other than a title insurer may...

NRS 693A.300 - Conversion to ordinary business corporation. - 1. A domestic stock insurer may convert to a Nevada...

NRS 693A.310 - Affiliation of stock insurers. - 1. A domestic stock insurer shall not acquire a controlling...

NRS 693A.320 - Acquisition of controlling stock. - 1. Any person proposing to acquire the controlling capital stock...

NRS 693A.330 - Merger or consolidation of stock insurers. - 1. Subject to subsections 2 and 3, a domestic stock...

NRS 693A.340 - Preservation of original charter in merger or consolidation. - 1. In any merger or consolidation of a foreign stock...

NRS 693A.350 - Merger or consolidation of mutual insurers. - 1. A domestic mutual insurer shall not merge or consolidate...

NRS 693A.365 - Assumption of reinsurance: Limitations; application of provisions. - 1. A domestic property or casualty insurer with less than...

NRS 693A.370 - Bulk reinsurance: Limitation; approval by Commissioner and members. - 1. A domestic insurer shall not reinsure with another insurer...

NRS 693A.380 - Bulk reinsurance: Certificate of fees and commissions; restrictions upon payment; penalty. - 1. At the time of filing the agreement of bulk...

NRS 693A.390 - Member’s share of assets on liquidation. - 1. Upon any liquidation of a domestic mutual insurer, its...

NRS 693A.400 - Definitions. - As used in NRS 693A.400 to 693A.540, inclusive, unless the...

NRS 693A.405 - "Closed block" defined. - "Closed block" means an allocation of assets of the converting...

NRS 693A.410 - "Consideration" defined. - "Consideration" means cash, stock or other valuable compensation approved by...

NRS 693A.415 - "Converting mutual" defined. - "Converting mutual" means a domestic mutual insurance company or a...

NRS 693A.420 - "Eligible member" defined. - "Eligible member" means a person who has a membership interest...

NRS 693A.425 - "New stock insurer" defined. - "New stock insurer" means the domestic stock insurer that is...

NRS 693A.430 - "Policyholder" defined. - "Policyholder" means a person who holds a policy issued by...

NRS 693A.435 - Procedure for conversion. - A domestic mutual insurer or a mutual insurance holding company...

NRS 693A.440 - Resolution by board of directors; plan of conversion. - 1. The board of directors of a domestic mutual insurer...

NRS 693A.445 - Application for conversion: Filing and contents; filing fee. - A converting mutual shall file with the Commissioner an application...

NRS 693A.450 - Public hearing on application. - The Commissioner shall conduct a public hearing not later than...

NRS 693A.455 - Action by Commissioner on application. - 1. The Commissioner shall issue an order making an initial...

NRS 693A.460 - Meeting and vote of policyholders; notice. - 1. Unless the Commissioner for good cause establishes a different...

NRS 693A.465 - Abandonment of plan of conversion. - A converting mutual may, by not less than a two-thirds...

NRS 693A.470 - Issuance and notice of final order approving application; issuance and effect of certificate of authority. - 1. The Commissioner shall: (a) Enter a final order approving...

NRS 693A.475 - Authority of Commissioner to engage services of experts; payment of costs to review plan of conversion. - In determining whether a plan of conversion meets the requirements...

NRS 693A.480 - Confidentiality and publication of pertinent information and documents. - 1. Except as otherwise provided in subsection 2 and NRS...

NRS 693A.485 - Continuation of corporate existence of converting mutual. - The corporate existence of a converting mutual pursuant to NRS...

NRS 693A.490 - Purchase of stock by directors, officers, employees, agents or trustees. - The provisions of NRS 693A.400 to 693A.540, inclusive, do not...

NRS 693A.495 - Receipt of fee, commission or other consideration for aiding, promoting or assisting in plan of conversion. - 1. No director, officer, employee or agent of the converting...

NRS 693A.500 - Offers to acquire and acquisition of voting securities of new stock insurer or institution that owns majority of voting securities of new stock insurer. - 1. Except as otherwise specifically provided in the plan of...

NRS 693A.505 - Unlawful acquisition of securities: Voting of securities prohibited; injunctive and other relief. - 1. No security which is the subject of any agreement...

NRS 693A.510 - Unlawful acquisition of securities: Seizure or sequestration of securities. - In any case where a person has acquired or is...

NRS 693A.515 - Unlawful acquisition of securities: Imposition of administrative penalty for violation. - A person who offers to acquire or acquires a security...

NRS 693A.520 - Unlawful acquisition of securities: Imposition of administrative penalty against director, officer or agent. - Any director or officer of a person, or an agent...

NRS 693A.525 - Unlawful acquisition of securities: Orders by Commissioner. - 1. If the Commissioner has reason to believe that any...

NRS 693A.530 - Regulations and orders of Commissioner. - The Commissioner may adopt such regulations and issue such orders...

NRS 693A.535 - Judicial review of final order of Commissioner. - Any person aggrieved by a final order of the Commissioner...

NRS 693A.540 - Enforcement of provisions by Commissioner. - Whenever it appears to the Commissioner that any person or...

NRS 693A.550 - Definitions. - As used in NRS 693A.550 to 693A.665, inclusive, unless the...

NRS 693A.555 - "Intermediate stock holding company" defined. - "Intermediate stock holding company" means a holding company of which...

NRS 693A.560 - "Mutual insurance holding company" defined. - "Mutual insurance holding company" means a holding company based on...

NRS 693A.565 - "Reorganized stock insurer" defined. - "Reorganized stock insurer" means a stock insurer subsidiary that results...

NRS 693A.570 - "Voting securities" defined. - "Voting securities" means securities of any class or any ownership...

NRS 693A.575 - Procedure for reorganization. - A domestic mutual insurer may, by complying with NRS 693A.550...

NRS 693A.580 - Proposed plan of reorganization: Filing and contents; filing fee. - A domestic mutual insurer shall file with the Commissioner for...

NRS 693A.585 - Public hearing on proposed plan. - Unless the Commissioner, for good cause, extends the time, the...

NRS 693A.590 - Action by Commissioner on proposed plan; notice and expiration of approval. - 1. The Commissioner shall issue an order approving or disapproving...

NRS 693A.595 - Meeting and vote of policyholders; notice. - 1. Within 45 days after the date of the Commissioner’s...

NRS 693A.600 - Abandonment of plan of reorganization. - A mutual insurer may, by not less than a two-thirds...

NRS 693A.605 - Issuance and effect of certificate of authority. - 1. The Commissioner shall issue a certificate of authority to...

NRS 693A.610 - Authority of Commissioner to engage services of experts; payment of costs to review plan of reorganization. - In determining whether a plan of reorganization meets the requirements...

NRS 693A.615 - Confidentiality and publication of pertinent information and documents. - 1. Except as otherwise provided in subsection 2 and NRS...

NRS 693A.620 - Continuation of corporate existence of mutual insurer. - The corporate existence of a mutual insurer reorganizing pursuant to...

NRS 693A.625 - Issuance of initial shares of capital stock; identity and rights of policyholders; status, rights, duties and assets of holding company. - 1. All the initial shares of the capital stock of...

NRS 693A.630 - Conversion of mutual insurance holding company to domestic stock insurance company not prohibited. - Nothing contained in NRS 693A.550 to 693A.665, inclusive, prohibits a...

NRS 693A.635 - Membership interest in mutual insurance holding company is not security. - A membership interest in a mutual insurance holding company does...

NRS 693A.640 - Receipt of fee, commission or other consideration for aiding, promoting or assisting in plan of reorganization. - 1. No director, officer, employee or agent of the mutual...

NRS 693A.645 - Mutual insurance holding company: Annual filing requirements. - 1. A mutual insurance holding company shall file with the...

NRS 693A.650 - Mutual insurance holding company: Production of records, books or other information and papers. - The Commissioner may order the production of any records, books...

NRS 693A.655 - Regulations and orders of Commissioner. - The Commissioner may adopt such regulations and issue such orders...

NRS 693A.660 - Judicial review of final order of Commissioner. - Any person aggrieved by a final order of the Commissioner...

NRS 693A.665 - Enforcement of provisions by Commissioner. - Whenever it appears to the Commissioner that any person or...

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Nevada Revised Statutes Chapter 693A - Corporate Powers and Procedures of Domestic Stock and Mutual Insurers

Nevada Revised Statutes
Chapter 693A - Corporate Powers and Procedures of Domestic Stock and Mutual Insurers