1. The district court has original jurisdiction of delinquency proceedings under NRS 696B.010 to 696B.565, inclusive, and any court with jurisdiction may make all necessary or proper orders to carry out the purposes of those sections.
2. The venue of delinquency proceedings against a domestic insurer must be in the county in this state of the insurer’s principal place of business or, if the principal place of business is located in another state, in any county in this state selected by the Commissioner for the purpose. The venue of proceedings against foreign insurers must be in any county in this state selected by the Commissioner for the purpose.
3. At any time after commencement of a proceeding, the Commissioner or any other party may apply to the court for an order changing the venue of, and removing, the proceeding to any other county of this state in which the proceeding may most conveniently, economically and efficiently be conducted.
4. No court has jurisdiction to entertain, hear or determine any petition or complaint praying for the dissolution, liquidation, rehabilitation, sequestration, conservation or receivership of any insurer, or for an injunction or restraining order or other relief preliminary, incidental or relating to such proceedings, other than in accordance with NRS 696B.010 to 696B.565, inclusive.
5. An appeal to the appellate court of competent jurisdiction pursuant to the rules fixed by the Supreme Court pursuant to Section 4 of Article 6 of the Nevada Constitution may be taken from any court granting or refusing rehabilitation, liquidation, conservation or receivership, and from every order in delinquency proceedings having the character of a final order as to the particular portion of the proceedings embraced therein.
(Added to NRS by 1971, 1886; A 1995, 1635; 1997, 3037; 2013, 1796)
Structure Nevada Revised Statutes
Chapter 696B - Delinquent Insurers: Conservation, Rehabilitation and Liquidation
NRS 696B.020 - Applicability of chapter.
NRS 696B.040 - "Ancillary state" defined.
NRS 696B.050 - "Creditor" defined.
NRS 696B.060 - "Delinquency proceeding" defined.
NRS 696B.070 - "Domiciliary state" defined.
NRS 696B.080 - "Foreign country" defined.
NRS 696B.090 - "General assets" defined.
NRS 696B.100 - "Impairment" defined.
NRS 696B.110 - "Insolvency" defined.
NRS 696B.120 - "Insurer" defined.
NRS 696B.130 - "Preferred claim" defined.
NRS 696B.140 - "Receiver" defined.
NRS 696B.150 - "Reciprocal state" defined.
NRS 696B.160 - "Secured claim" defined.
NRS 696B.170 - "Special deposit claim" defined.
NRS 696B.180 - "State" defined.
NRS 696B.190 - Jurisdiction of delinquency proceedings; venue; exclusiveness of remedy; appeal.
NRS 696B.200 - Jurisdiction over related persons and transactions; service of process.
NRS 696B.220 - Grounds for liquidation of domestic insurer or domiciled alien insurer.
NRS 696B.230 - Grounds for conservation: Foreign and alien insurers.
NRS 696B.240 - Grounds for ancillary liquidation: Foreign and alien insurers.
NRS 696B.250 - Commencement of delinquency proceeding: Petition; order to show cause.
NRS 696B.260 - Service of process.
NRS 696B.300 - Conduct of delinquency proceedings against foreign insurers.
NRS 696B.310 - Claims of nonresidents against domestic insurers.
NRS 696B.320 - Claims of residents against foreign insurers.
NRS 696B.332 - Reporting and filing requirements of receiver; extension or modification of time.
NRS 696B.360 - Deposit of money.
NRS 696B.370 - Exemption of Commissioner from fees.
NRS 696B.380 - Borrowing on pledge of assets.
NRS 696B.390 - Termination of conservation or rehabilitation.
NRS 696B.400 - Date rights fixed on liquidation.
NRS 696B.410 - Prohibited and voidable transfers and liens.
NRS 696B.420 - Order of distribution of claims from estate of insurer on liquidation.
NRS 696B.430 - Subordination of claims for failure to cooperate.
NRS 696B.450 - Allowance of certain claims.
NRS 696B.460 - Entry of order of insolvency; notice by Commissioner of time to file claims.
NRS 696B.470 - Report and petition for assessment.
NRS 696B.480 - Assessment: Order and levy.
NRS 696B.500 - Summary proceedings: Commissioner’s corrective orders authorized.
NRS 696B.510 - Summary proceedings: Appeal from Commissioner’s order.
NRS 696B.520 - Summary proceedings: Enforcement; penalty.
NRS 696B.530 - Summary proceedings: Seizure under court order.
NRS 696B.540 - Summary proceedings: Seizure under Commissioner’s order.
NRS 696B.560 - Summary proceedings: Penalty for refusal to deliver property and records.