Nothing in this chapter shall be construed to limit the authority of the Commissioner to institute delinquency proceedings against an insurer pursuant to chapter 696B of NRS for the purpose of conserving, rehabilitating, reorganizing or liquidating the insurer, without regard to whether the Commissioner has currently or previously placed the insurer under administrative supervision pursuant to NRS 696C.100.
(Added to NRS by 2017, 2331)
Structure Nevada Revised Statutes
Chapter 696C - Administrative Supervision of Insurers
NRS 696C.020 - "Commissioner" defined.
NRS 696C.030 - "Insurer" defined.
NRS 696C.120 - Confidentiality; exceptions.
NRS 696C.130 - Contest of action of administrative supervisor.
NRS 696C.140 - Effect of chapter on Commissioner’s power to institute delinquency proceedings.
NRS 696C.150 - Meetings between Commissioner and administrative supervisor or representative.
NRS 696C.170 - Commissioner, staff and administrative supervisor: Immunity from liability.