Nevada Revised Statutes
Chapter 694C - Captive Insurers
NRS 694C.090 - "Member organization" defined.

Nevada Revised Statutes

Chapter 694C - Captive Insurers

NRS 694C.010 - Definitions.

NRS 694C.020 - "Affiliated company" defined.

NRS 694C.030 - "Agency captive insurer" defined.

NRS 694C.035 - "Alien captive insurer" defined.

NRS 694C.040 - "Association" defined.

NRS 694C.050 - "Association captive insurer" defined.

NRS 694C.053 - "Branch business" defined.

NRS 694C.055 - "Branch captive insurer" defined.

NRS 694C.057 - "Branch operations" defined.

NRS 694C.060 - "Captive insurer" defined.

NRS 694C.070 - "Commissioner" defined.

NRS 694C.075 - "Controlled unaffiliated business" defined.

NRS 694C.080 - "Division" defined.

NRS 694C.085 - "Dormant captive insurer" defined.

NRS 694C.090 - "Member organization" defined.

NRS 694C.100 - "Mutual insurer" defined.

NRS 694C.110 - "Parent" defined.

NRS 694C.113 - "Participant" defined.

NRS 694C.115 - "Participant contract" defined.

NRS 694C.117 - "Protected cell" defined.

NRS 694C.120 - "Pure captive insurer" defined.

NRS 694C.130 - "Reciprocal insurer" defined.

NRS 694C.140 - "Rental captive insurer" defined.

NRS 694C.141 - "Risk retention group" defined.

NRS 694C.143 - "Sponsor" defined.

NRS 694C.147 - "Sponsored captive insurer" defined.

NRS 694C.149 - State-chartered risk retention group" defined.

NRS 694C.150 - "Stock insurer" defined.

NRS 694C.155 - Applicability of chapter 696B of NRS to sponsored captive insurer.

NRS 694C.160 - Applicability of other provisions.

NRS 694C.170 - Regulations.

NRS 694C.180 - Formation of captive insurer.

NRS 694C.190 - Name.

NRS 694C.195 - Sponsored captive insurer: Formation; conditions for formation and licensure; requirements for sponsor and participants.

NRS 694C.200 - Authorization to apply for license in certain circumstances; license required to transact insurance; penalty.

NRS 694C.210 - Application: Requirement; contents.

NRS 694C.215 - Application: Sponsored captive insurer required to file certain information with Commissioner.

NRS 694C.220 - Application: Fees; Commissioner authorized to retain professional services relating to examination of applicant; cost of services.

NRS 694C.230 - Issuance of license; annual renewal; fees.

NRS 694C.240 - Insurer required to include business plan with application for issuance and renewal of license; updates to business plan.

NRS 694C.250 - Capital or surplus required: Amount; form; Commissioner authorized to prescribe additional requirements; letter of credit; use of surplus note.

NRS 694C.259 - Certificate of dormancy: Application; powers and duties of certificate holder; renewal; expiration; surrender; revocation; regulations.

NRS 694C.270 - Suspension or revocation of license: Grounds; hearings.

NRS 694C.300 - Authorized and prohibited types of insurance.

NRS 694C.310 - Meetings of board of directors; additional requirements to transact insurance; review by Commissioner of qualifications of manager.

NRS 694C.320 - Plan for payment of dividends; regulations.

NRS 694C.330 - Payment of dividends and extraordinary dividends.

NRS 694C.340 - Compliance with requirements relating to investments; loan to parent or affiliated company by pure captive insurer in certain circumstances.

NRS 694C.350 - Reinsurance; credit for reserves on risks or portions of risks in certain circumstances; plan for workers’ compensation deemed reinsurance in certain circumstances.

NRS 694C.360 - Use of insurance of captive insurer to satisfy requirements relating to insurance on vehicles subject to Nevada Transportation Authority or Taxicab Authority prohibited; exception.

NRS 694C.370 - Insurer not required to join rating organization.

NRS 694C.380 - Insurer prohibited from joining or contributing to or receiving benefit for claims from assigned risk pool or insurance insolvency guaranty fund.

NRS 694C.382 - Combining assets for investment.

NRS 694C.384 - Security for branch operations.

NRS 694C.386 - Alien captive insurer: Issuance of certificate related to branch operations; registration.

NRS 694C.388 - Alien captive insurer: Reports and statements.

NRS 694C.389 - State-chartered risk retention group: Compliance with laws and requirements applicable to liability insurers.

NRS 694C.390 - State-chartered risk retention group: Required filings.

NRS 694C.392 - State-chartered risk retention group: Board of directors; material service provider contracts; audit committee; written policies, governance standards and code of business conduct; duty to notify domestic regulator of material noncompl...

NRS 694C.400 - Submission of annual report of financial condition, audit and financial statement to Commissioner; regulations designating form; alternative date to file annual report; penalties for failing to comply or making false statement.

NRS 694C.410 - Examinations: Conducted by Commissioner; frequency; Commissioner authorized to obtain professional services; cost.

NRS 694C.415 - Examinations: Branch captive insurer; alien captive insurer.

NRS 694C.450 - Taxes on premiums: Imposition; deposit; nonrefundable credit.

NRS 694C.455 - Tax on premiums: Applicable only to branch business of branch captive insurer.

NRS 694C.460 - Account for the Regulation and Supervision of Captive Insurers: Creation; uses; deposits; transfers to agency for economic development; administrative expenses; transfers to State General Fund; warrants by State Controller on receipts.