Nevada Chapter 686C — Nevada Life and Health Insurance Guaranty Association

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NRS 686C.010— Short title
NRS 686C.020— Purpose of chapter
NRS 686C.030— Scope of chapter: Coverage provided
NRS 686C.035— Scope of chapter: Coverage not provided
NRS 686C.038— Applicability of chapter to riders for long-term care
NRS 686C.040— Definitions
NRS 686C.045— “Account” defined
NRS 686C.048— “Annuity” defined
NRS 686C.050— “Association” defined
NRS 686C.055— “Authorized assessment” defined
NRS 686C.061— “Benefit plan” defined
NRS 686C.065— “Called assessment” defined
NRS 686C.070— “Contractual obligation” defined
NRS 686C.080— “Covered policy or contract” defined
NRS 686C.084— “Extra-contractual claim” defined
NRS 686C.087— “Health maintenance organization” defined
NRS 686C.090— “Impaired insurer” defined
NRS 686C.095— “Insolvent insurer” defined
NRS 686C.100— “Member insurer” defined
NRS 686C.104— “Owner” defined
NRS 686C.108— “Person” defined
NRS 686C.110— “Premiums” defined
NRS 686C.115— “Principal place of business” defined
NRS 686C.120— “Resident” defined
NRS 686C.123— “State” defined
NRS 686C.124— “Structured settlement annuity” defined
NRS 686C.125— “Supplemental contract” defined
NRS 686C.127— “Unallocated annuity contract” defined
NRS 686C.128— Document describing general purposes and current limitations of chapter: Preparation; distribution and revision; disclaimer; related duties by member insurer
NRS 686C.130— Creation of Association; membership; operation; accounts; supervision by Commissioner
NRS 686C.140— Board of Directors: Members; vacancies; initial selection; reimbursement of expenses
NRS 686C.150— Powers regarding impaired insurers
NRS 686C.152— Duties regarding insolvent insurers
NRS 686C.153— Provision of substitute benefits and coverage with respect to covered policies or contracts
NRS 686C.154— Alternative policies or contracts: Adoption; approval; contents; premium; coverage
NRS 686C.155— Ensuring of payment or credit of guaranteed minimum interest rate
NRS 686C.156— Issuance of substitute coverage for policy or contract that uses external reference for calculating returns or changes in value
NRS 686C.158— Payment of premiums; liability for unearned premiums
NRS 686C.160— Imposition of restraints on insurers
NRS 686C.170— Liability for guaranty provided by laws of another state or jurisdiction
NRS 686C.175— Receipt and disposition of deposit held pursuant to law or required by Commissioner for benefit of creditors
NRS 686C.180— Provision of assistance to Commissioner
NRS 686C.190— Legal standing
NRS 686C.200— Subrogation
NRS 686C.210— Limitations on obligations
NRS 686C.220— General powers
NRS 686C.221— Determination of means to provide benefits; limitation on entitlement to benefits
NRS 686C.222— Requests for information from member insurers
NRS 686C.223— Election to succeed to rights and obligations of member insurer; transfer of obligations to another insurer
NRS 686C.224— Assumption of reinsurance contracts: Authority; duties and responsibilities of ceding member insurers and Association
NRS 686C.225— Termination of obligations: Replacement of coverage under policy or contract
NRS 686C.226— Termination of obligations: Failure to pay premiums
NRS 686C.230— Imposition; classes
NRS 686C.240— Computation; necessity; notification
NRS 686C.250— Abatement or deferment; maximum amount; effect of insufficiency; allocation of funds among claims
NRS 686C.260— Refund to member insurers
NRS 686C.270— Rates and dividends may reflect assessments
NRS 686C.280— Issuance, effect and use of certificate of contribution; offset against liability for premium tax; recoupment of assessments; payment and deposit of refund
NRS 686C.285— Protest by member insurer: Procedure
NRS 686C.290— Plan of operation: Submission; amendments; approval by Commissioner; compliance; contents; delegation of duties or powers
NRS 686C.300— Additional powers and duties of Commissioner; suspension or revocation of certificate of authority or levy of forfeiture; appeals to Commissioner; judicial review; notification of effect of chapter
NRS 686C.303— Action by Commissioner upon failure to act by Association
NRS 686C.306— Notice to other insurance commissioners of certain actions by Commissioner; reports by Commissioner of certain information to Board of Directors
NRS 686C.310— Provision of information and advice by Board of Directors relating to financial condition of insurers
NRS 686C.330— Impaired or insolvent insurers: Liability for unpaid assessments of insureds; maintenance and disclosure of records of Association; status of Association as creditor; distribution of ownership by court
NRS 686C.333— Recovery of distributions made before petition for liquidation or rehabilitation of insurer
NRS 686C.340— Impaired or insolvent insurers: Stay of proceedings; reopening of default judgments
NRS 686C.350— Examination and regulation of Association by Commissioner; annual financial report
NRS 686C.360— Exemption of Association from payment of fees and taxes; exceptions
NRS 686C.370— Immunity from liability
NRS 686C.380— Actions arising under chapter: Venue; appeal bond not required of Association
NRS 686C.390— Unlawful advertisement using existence of Association for sale, solicitation or inducement to purchase; exception
NRS 686C.2241— Assumption of reinsurance contracts: Suspension of rights and obligations for period after order of liquidation
NRS 686C.2243— Assumption of reinsurance contracts: Contracts not assumed by Association
NRS 686C.2245— Assumption of reinsurance contracts: Transfer of contracts by Association
NRS 686C.2247— Assumption of reinsurance contracts: Applicability of other provisions
NRS 686C.2249— Assumption of reinsurance contracts: Terms and conditions of contract not affected; exceptions