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NRS 692C.3522

Filing requirements for exempt member of nonexempt insurance group

Known as the Insurance Holding Company Law

The act spans §§ 692–692 (107 sections).

(Added to NRS by 2015, 3487)

If an insurer qualifies for an exemption pursuant to subsection 1 of NRS 692C.352 and the insurance group of which the insurer is a member does not qualify for an exemption pursuant to subsection 2 of that section, the ORSA Summary Report that may be required under NRS 692C.3514, 692C.3516 and 692C.3518 must include every insurer within the insurance group. This requirement shall be deemed satisfied by the submission of more than one ORSA Summary Report for any combination of insurers, provided that any combination of reports includes every insurer within the insurance group.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.