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NRS 696B.010 - Short title. - This chapter constitutes and may be cited as the Insurers...
NRS 696B.020 - Applicability of chapter. - The applicable provisions of this chapter apply to: 1. All...
NRS 696B.030 - Definitions. - As used in this chapter, unless the context otherwise requires,...
NRS 696B.040 - "Ancillary state" defined. - "Ancillary state" means any state other than a domiciliary state....
NRS 696B.050 - "Creditor" defined. - "Creditor" means a person having a claim, whether matured or...
NRS 696B.060 - "Delinquency proceeding" defined. - "Delinquency proceeding" means: 1. Any proceeding commenced against an insurer...
NRS 696B.070 - "Domiciliary state" defined. - "Domiciliary state" means the state in which an insurer is...
NRS 696B.080 - "Foreign country" defined. - "Foreign country" means territory not in any state. (Added to...
NRS 696B.090 - "General assets" defined. - 1. "General assets" means all property, real, personal or otherwise,...
NRS 696B.100 - "Impairment" defined. - "Impairment" exists as to: 1. A stock insurer when the...
NRS 696B.110 - "Insolvency" defined. - "Insolvency" exists: 1. When the insurer fails to meet its...
NRS 696B.120 - "Insurer" defined. - "Insurer," in addition to persons so defined under NRS 679A.100,...
NRS 696B.130 - "Preferred claim" defined. - "Preferred claim" means any claim accorded priority of payment from...
NRS 696B.140 - "Receiver" defined. - "Receiver" means a receiver, liquidator, rehabilitator or conservator, as the...
NRS 696B.150 - "Reciprocal state" defined. - "Reciprocal state" means any state other than this state in...
NRS 696B.160 - "Secured claim" defined. - 1. "Secured claim" means any claim secured by mortgage, trust...
NRS 696B.170 - "Special deposit claim" defined. - "Special deposit claim" means any claim secured by a deposit...
NRS 696B.180 - "State" defined. - "State" has the meaning ascribed to it in NRS 679A.120....
NRS 696B.190 - Jurisdiction of delinquency proceedings; venue; exclusiveness of remedy; appeal. - 1. The district court has original jurisdiction of delinquency proceedings...
NRS 696B.200 - Jurisdiction over related persons and transactions; service of process. - 1. A court of this state in which an order...
NRS 696B.210 - Grounds for conservation or rehabilitation of domestic insurer or domiciled alien insurer. - The Commissioner may petition for an order directing the Commissioner...
NRS 696B.220 - Grounds for liquidation of domestic insurer or domiciled alien insurer. - The Commissioner may apply to the court for an order...
NRS 696B.230 - Grounds for conservation: Foreign and alien insurers. - The Commissioner may apply to the court for an order...
NRS 696B.240 - Grounds for ancillary liquidation: Foreign and alien insurers. - The Commissioner may apply to the court for an order...
NRS 696B.250 - Commencement of delinquency proceeding: Petition; order to show cause. - 1. The Commissioner shall commence a delinquency proceeding authorized under...
NRS 696B.255 - Commissioner as receiver, rehabilitator or liquidator authorized to appoint special deputies and other persons and advisory committee; payment of costs. - 1. The Commissioner, as receiver, rehabilitator or liquidator, may appoint...
NRS 696B.260 - Service of process. - A certified copy of any order to show cause issued...
NRS 696B.270 - Injunctions. - 1. Upon application by the Commissioner for such an order...
NRS 696B.280 - Uniform Insurers Liquidation Act and Insurer Receivership Model Act: Composition; severability; interpretation. - 1. This section, NRS 696B.030 to 696B.180, inclusive, (definitions) and...
NRS 696B.290 - Conduct of delinquency proceedings against domestic insurers and certain alien insurers; appointment and payment of costs of special deputy commissioners and other persons. - 1. Whenever under this chapter a receiver is to be...
NRS 696B.300 - Conduct of delinquency proceedings against foreign insurers. - 1. Whenever under this chapter an ancillary receiver is to...
NRS 696B.310 - Claims of nonresidents against domestic insurers. - 1. In a delinquency proceeding begun in this state against...
NRS 696B.320 - Claims of residents against foreign insurers. - 1. In a delinquency proceeding in a reciprocal state against...
NRS 696B.330 - Claims: Form; date for filing; approval or denial by receiver; notice and report regarding determinations; objections; hearing; order. - 1. All claims against an insurer against which delinquency proceedings...
NRS 696B.332 - Reporting and filing requirements of receiver; extension or modification of time. - 1. Not later than 1 year after the date of...
NRS 696B.334 - Reporting and filing requirements of guaranty association; extension or modification of time. - 1. Not later than 1 year after the date of...
NRS 696B.340 - Attachment and garnishment of or execution on insurer or assets prohibited during pendency of delinquency proceedings. - During the pendency of delinquency proceedings in this or any...
NRS 696B.350 - Limitations on enjoining, restraining or interfering with insurer’s business or appointment of receiver; action by judgment creditor. - 1. Except as provided in subsection 2, no order, judgment...
NRS 696B.360 - Deposit of money. - 1. Except as otherwise provided in this section: (a) The...
NRS 696B.370 - Exemption of Commissioner from fees. - The Commissioner shall not be required to pay any fee...
NRS 696B.380 - Borrowing on pledge of assets. - 1. For the purpose of facilitating the rehabilitation, liquidation, conservation...
NRS 696B.390 - Termination of conservation or rehabilitation. - If at any time the court finds, after a hearing...
NRS 696B.400 - Date rights fixed on liquidation. - The rights and liabilities of the insurer and of its...
NRS 696B.410 - Prohibited and voidable transfers and liens. - 1. No insurer shall make any transfer of or create...
NRS 696B.412 - Recovery by receiver of certain distributions on capital stock and payments to directors, officers and employees; scope of liability. - 1. Except as otherwise provided in subsections 2 and 4,...
NRS 696B.415 - Disbursements to insurance guaranty associations; administrative expenses; claims for unearned premiums. - 1. Upon the issuance of an order of liquidation with...
NRS 696B.420 - Order of distribution of claims from estate of insurer on liquidation. - 1. The order of distribution of claims from the estate...
NRS 696B.430 - Subordination of claims for failure to cooperate. - If an ancillary receiver in another state or foreign country,...
NRS 696B.440 - Offsets. - 1. Except as provided in subsection 2, in all cases...
NRS 696B.450 - Allowance of certain claims. - 1. No contingent and unliquidated claim shall share in a...
NRS 696B.460 - Entry of order of insolvency; notice by Commissioner of time to file claims. - 1. If upon the entry of an order of liquidation...
NRS 696B.470 - Report and petition for assessment. - Within 3 years after the date of the entry of...
NRS 696B.480 - Assessment: Order and levy. - 1. Upon the filing and reading of the report and...
NRS 696B.490 - Assessment: Prima facie correct; notice to members and subscribers; payment; proceedings to collect. - 1. Any assessment of a subscriber or member of an...
NRS 696B.500 - Summary proceedings: Commissioner’s corrective orders authorized. - 1. If the Commissioner determines after a hearing that any...
NRS 696B.510 - Summary proceedings: Appeal from Commissioner’s order. - 1. If the Commissioner has issued a summary order before...
NRS 696B.520 - Summary proceedings: Enforcement; penalty. - 1. The Commissioner may apply for and any district court...
NRS 696B.530 - Summary proceedings: Seizure under court order. - 1. Upon filing by the Commissioner in any district court...
NRS 696B.540 - Summary proceedings: Seizure under Commissioner’s order. - 1. If it appears to the Commissioner that the interests...
NRS 696B.550 - Summary proceedings: Conduct of administrative and judicial hearings; confidentiality of records. - 1. The Commissioner shall hold all hearings in summary proceedings...
NRS 696B.560 - Summary proceedings: Penalty for refusal to deliver property and records. - Any person having possession or custody of and refusing to...
NRS 696B.565 - Officers, agents, employees and attorneys of Division: Immunity from liability; indemnification. - 1. The Commissioner, as receiver, all present and former deputy...
NRS 696B.570 - Federal receivership. - 1. If the Commissioner believes that rehabilitation or liquidation of...