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NRS 692C.490

Judicial review

Known as the Insurance Holding Company Law

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

(Added to NRS by 1973, 1050; A 1977, 100)

1. Any person aggrieved by any act, determination, regulation, order or any other action of the Commissioner pursuant to this chapter may petition for review thereof in the district court in and for Carson City. The court shall conduct its review without a jury and by trial de novo, except that if all parties including the Commissioner so stipulate, the review shall be confined to the record. Portions of the record may be introduced by stipulation into evidence in a trial de novo as to those parties so stipulating.

2. The filing of an appeal pursuant to this section shall stay the application of any such regulation, order or other action of the Commissioner to the appealing party unless the court, after giving such party notice and an opportunity to be heard, determines that such a stay would be detrimental to the interests of policyholders, shareholders, creditors or the public.

3. Any person aggrieved by any failure of the Commissioner to act or make a determination required by this chapter, may petition the district court in and for Carson City for a writ of mandamus directing the Commissioner to act or make such determination forthwith.

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