1. A mutual insurance holding company shall file with the Commissioner, by March 1 of each year, an annual statement consisting of an income statement, balance sheet and cash flows prepared in accordance with generally accepted accounting practices and a confidential statement disclosing any intention to pledge, borrow against, alienate, hypothecate or in any way encumber the assets of the mutual insurance holding company.
2. A mutual insurance holding company shall, on or before June 1 of each year, file with the Commissioner in a form approved by the Commissioner a financial statement as of December 31 of the preceding calendar year that is certified by a certified public accountant.
(Added to NRS by 2001, 2246)
Structure Nevada Revised Statutes
Chapter 693A - Corporate Powers and Procedures of Domestic Stock and Mutual Insurers
NRS 693A.020 - Applicability of statutes relating to corporations.
NRS 693A.030 - Domestic insurer prohibited from engaging in other business; exceptions.
NRS 693A.040 - Principal offices.
NRS 693A.050 - Books, records, documents, accounts and vouchers.
NRS 693A.060 - Assets to be kept in State; exception.
NRS 693A.070 - Removal or concealment of records or assets; penalty.
NRS 693A.110 - Management and agency contracts; regulations.
NRS 693A.120 - Prohibited pecuniary interest of officers; regulations.
NRS 693A.130 - Liability of officers and others for paying taxes, licenses and fees.
NRS 693A.140 - Dividends to stockholders.
NRS 693A.150 - Participating policies.
NRS 693A.160 - Dividends to policyholders.
NRS 693A.170 - Purchase of own shares by stock insurer.
NRS 693A.190 - Mutual insurers: Additional kinds of insurance.
NRS 693A.200 - Mutual insurers: Membership.
NRS 693A.210 - Mutual insurers: Bylaws.
NRS 693A.220 - Mutual insurers: Contingent liability of members.
NRS 693A.230 - Mutual insurers: Levy of contingent liability.
NRS 693A.240 - Mutual insurers: Enforcement of contingent liability.
NRS 693A.250 - Mutual insurers: Nonassessable policies; revocation of authority.
NRS 693A.260 - Impairment of capital, surplus or assets: Notice; time to cure; restrictions.
NRS 693A.270 - Impairment of capital, surplus or assets: Curing deficiency; failure to cure.
NRS 693A.290 - Mutualization of stock insurer.
NRS 693A.300 - Conversion to ordinary business corporation.
NRS 693A.310 - Affiliation of stock insurers.
NRS 693A.320 - Acquisition of controlling stock.
NRS 693A.330 - Merger or consolidation of stock insurers.
NRS 693A.340 - Preservation of original charter in merger or consolidation.
NRS 693A.350 - Merger or consolidation of mutual insurers.
NRS 693A.365 - Assumption of reinsurance: Limitations; application of provisions.
NRS 693A.370 - Bulk reinsurance: Limitation; approval by Commissioner and members.
NRS 693A.390 - Member’s share of assets on liquidation.
NRS 693A.405 - "Closed block" defined.
NRS 693A.410 - "Consideration" defined.
NRS 693A.415 - "Converting mutual" defined.
NRS 693A.420 - "Eligible member" defined.
NRS 693A.425 - "New stock insurer" defined.
NRS 693A.430 - "Policyholder" defined.
NRS 693A.435 - Procedure for conversion.
NRS 693A.440 - Resolution by board of directors; plan of conversion.
NRS 693A.445 - Application for conversion: Filing and contents; filing fee.
NRS 693A.450 - Public hearing on application.
NRS 693A.455 - Action by Commissioner on application.
NRS 693A.460 - Meeting and vote of policyholders; notice.
NRS 693A.465 - Abandonment of plan of conversion.
NRS 693A.480 - Confidentiality and publication of pertinent information and documents.
NRS 693A.485 - Continuation of corporate existence of converting mutual.
NRS 693A.490 - Purchase of stock by directors, officers, employees, agents or trustees.
NRS 693A.510 - Unlawful acquisition of securities: Seizure or sequestration of securities.
NRS 693A.525 - Unlawful acquisition of securities: Orders by Commissioner.
NRS 693A.530 - Regulations and orders of Commissioner.
NRS 693A.535 - Judicial review of final order of Commissioner.
NRS 693A.540 - Enforcement of provisions by Commissioner.
NRS 693A.555 - "Intermediate stock holding company" defined.
NRS 693A.560 - "Mutual insurance holding company" defined.
NRS 693A.565 - "Reorganized stock insurer" defined.
NRS 693A.570 - "Voting securities" defined.
NRS 693A.575 - Procedure for reorganization.
NRS 693A.580 - Proposed plan of reorganization: Filing and contents; filing fee.
NRS 693A.585 - Public hearing on proposed plan.
NRS 693A.590 - Action by Commissioner on proposed plan; notice and expiration of approval.
NRS 693A.595 - Meeting and vote of policyholders; notice.
NRS 693A.600 - Abandonment of plan of reorganization.
NRS 693A.605 - Issuance and effect of certificate of authority.
NRS 693A.615 - Confidentiality and publication of pertinent information and documents.
NRS 693A.620 - Continuation of corporate existence of mutual insurer.
NRS 693A.635 - Membership interest in mutual insurance holding company is not security.
NRS 693A.645 - Mutual insurance holding company: Annual filing requirements.
NRS 693A.655 - Regulations and orders of Commissioner.
NRS 693A.660 - Judicial review of final order of Commissioner.