Nevada Chapter 693A — Corporate Powers and Procedures of Domestic Stock and Mutual Insurers
92 sections hosted, reproduced from the official public-domain source.
- NRS 693A.010— Scope
- NRS 693A.020— Applicability of statutes relating to corporations
- NRS 693A.030— Domestic insurer prohibited from engaging in other business; exceptions
- NRS 693A.040— Principal offices
- NRS 693A.050— Books, records, documents, accounts and vouchers
- NRS 693A.060— Assets to be kept in State; exception
- NRS 693A.070— Removal or concealment of records or assets; penalty
- NRS 693A.080— Information to stockholders and regulation of proxies: Scope of provisions; rules and regulations
- NRS 693A.090— Information to stockholders and regulation of proxies: Information in advance of meetings
- NRS 693A.100— Information to stockholders and regulation of proxies: Solicitation and form of proxies
- NRS 693A.110— Management and agency contracts; regulations
- NRS 693A.120— Prohibited pecuniary interest of officers; regulations
- NRS 693A.130— Liability of officers and others for paying taxes, licenses and fees
- NRS 693A.140— Dividends to stockholders
- NRS 693A.150— Participating policies
- NRS 693A.160— Dividends to policyholders
- NRS 693A.170— Purchase of own shares by stock insurer
- NRS 693A.180— Borrowing
- NRS 693A.190— Mutual insurers: Additional kinds of insurance
- NRS 693A.200— Mutual insurers: Membership
- NRS 693A.210— Mutual insurers: Bylaws
- NRS 693A.220— Mutual insurers: Contingent liability of members
- NRS 693A.230— Mutual insurers: Levy of contingent liability
- NRS 693A.240— Mutual insurers: Enforcement of contingent liability
- NRS 693A.250— Mutual insurers: Nonassessable policies; revocation of authority
- NRS 693A.260— Impairment of capital, surplus or assets: Notice; time to cure; restrictions
- NRS 693A.270— Impairment of capital, surplus or assets: Curing deficiency; failure to cure
- NRS 693A.280— Impairment of capital, surplus or assets: Violation of restrictions or requirements; penalty
- NRS 693A.290— Mutualization of stock insurer
- NRS 693A.300— Conversion to ordinary business corporation
- NRS 693A.310— Affiliation of stock insurers
- NRS 693A.320— Acquisition of controlling stock
- NRS 693A.330— Merger or consolidation of stock insurers
- NRS 693A.340— Preservation of original charter in merger or consolidation
- NRS 693A.350— Merger or consolidation of mutual insurers
- NRS 693A.365— Assumption of reinsurance: Limitations; application of provisions
- NRS 693A.370— Bulk reinsurance: Limitation; approval by Commissioner and members
- NRS 693A.380— Bulk reinsurance: Certificate of fees and commissions; restrictions upon payment; penalty
- NRS 693A.390— Member’s share of assets on liquidation
- NRS 693A.400— Definitions
- NRS 693A.405— “Closed block” defined
- NRS 693A.410— “Consideration” defined
- NRS 693A.415— “Converting mutual” defined
- NRS 693A.420— “Eligible member” defined
- NRS 693A.425— “New stock insurer” defined
- NRS 693A.430— “Policyholder” defined
- NRS 693A.435— Procedure for conversion
- NRS 693A.440— Resolution by board of directors; plan of conversion
- NRS 693A.445— Application for conversion: Filing and contents; filing fee
- NRS 693A.450— Public hearing on application
- NRS 693A.455— Action by Commissioner on application
- NRS 693A.460— Meeting and vote of policyholders; notice
- NRS 693A.465— Abandonment of plan of conversion
- NRS 693A.470— Issuance and notice of final order approving application; issuance and effect of certificate of authority
- NRS 693A.475— Authority of Commissioner to engage services of experts; payment of costs to review plan of conversion
- NRS 693A.480— Confidentiality and publication of pertinent information and documents
- NRS 693A.485— Continuation of corporate existence of converting mutual
- NRS 693A.490— Purchase of stock by directors, officers, employees, agents or trustees
- NRS 693A.495— Receipt of fee, commission or other consideration for aiding, promoting or assisting in plan of conversion
- NRS 693A.500— Offers to acquire and acquisition of voting securities of new stock insurer or institution that owns majority of voting securities of new stock insurer
- NRS 693A.505— Unlawful acquisition of securities: Voting of securities prohibited; injunctive and other relief
- NRS 693A.510— Unlawful acquisition of securities: Seizure or sequestration of securities
- NRS 693A.515— Unlawful acquisition of securities: Imposition of administrative penalty for violation
- NRS 693A.520— Unlawful acquisition of securities: Imposition of administrative penalty against director, officer or agent
- NRS 693A.525— Unlawful acquisition of securities: Orders by Commissioner
- NRS 693A.530— Regulations and orders of Commissioner
- NRS 693A.535— Judicial review of final order of Commissioner
- NRS 693A.540— Enforcement of provisions by Commissioner
- NRS 693A.550— Definitions
- NRS 693A.555— “Intermediate stock holding company” defined
- NRS 693A.560— “Mutual insurance holding company” defined
- NRS 693A.565— “Reorganized stock insurer” defined
- NRS 693A.570— “Voting securities” defined
- NRS 693A.575— Procedure for reorganization
- NRS 693A.580— Proposed plan of reorganization: Filing and contents; filing fee
- NRS 693A.585— Public hearing on proposed plan
- NRS 693A.590— Action by Commissioner on proposed plan; notice and expiration of approval
- NRS 693A.595— Meeting and vote of policyholders; notice
- NRS 693A.600— Abandonment of plan of reorganization
- NRS 693A.605— Issuance and effect of certificate of authority
- NRS 693A.610— Authority of Commissioner to engage services of experts; payment of costs to review plan of reorganization
- NRS 693A.615— Confidentiality and publication of pertinent information and documents
- NRS 693A.620— Continuation of corporate existence of mutual insurer
- NRS 693A.625— Issuance of initial shares of capital stock; identity and rights of policyholders; status, rights, duties and assets of holding company
- NRS 693A.630— Conversion of mutual insurance holding company to domestic stock insurance company not prohibited
- NRS 693A.635— Membership interest in mutual insurance holding company is not security
- NRS 693A.640— Receipt of fee, commission or other consideration for aiding, promoting or assisting in plan of reorganization
- NRS 693A.645— Mutual insurance holding company: Annual filing requirements
- NRS 693A.650— Mutual insurance holding company: Production of records, books or other information and papers
- NRS 693A.655— Regulations and orders of Commissioner
- NRS 693A.660— Judicial review of final order of Commissioner
- NRS 693A.665— Enforcement of provisions by Commissioner