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Nevada Chapter 696B — Delinquent Insurers: Conservation, Rehabilitation and Liquidation

63 sections hosted, reproduced from the official public-domain source.

  • NRS 696B.010— Short title
  • NRS 696B.020— Applicability of chapter
  • NRS 696B.030— Definitions
  • NRS 696B.040— “Ancillary state” defined
  • NRS 696B.050— “Creditor” defined
  • NRS 696B.060— “Delinquency proceeding” defined
  • NRS 696B.070— “Domiciliary state” defined
  • NRS 696B.080— “Foreign country” defined
  • NRS 696B.090— “General assets” defined
  • NRS 696B.100— “Impairment” defined
  • NRS 696B.110— “Insolvency” defined
  • NRS 696B.120— “Insurer” defined
  • NRS 696B.130— “Preferred claim” defined
  • NRS 696B.140— “Receiver” defined
  • NRS 696B.150— “Reciprocal state” defined
  • NRS 696B.160— “Secured claim” defined
  • NRS 696B.170— “Special deposit claim” defined
  • NRS 696B.180— “State” defined
  • NRS 696B.190— Jurisdiction of delinquency proceedings; Nevada Rules of Civil Procedure do not govern commencement of delinquency proceeding; venue; exclusiveness of remedy; appeal
  • NRS 696B.200— Jurisdiction over related persons and transactions; service of process
  • NRS 696B.210— Grounds for conservation or rehabilitation of domestic insurer or domiciled alien insurer
  • NRS 696B.220— Grounds for liquidation of domestic insurer or domiciled alien insurer
  • NRS 696B.230— Grounds for conservation: Foreign and alien insurers
  • NRS 696B.240— Grounds for ancillary liquidation: Foreign and alien insurers
  • NRS 696B.250— Commencement of delinquency proceeding: Petition; order to show cause
  • NRS 696B.255— Commissioner as receiver, rehabilitator or liquidator authorized to appoint advisory committee; payment of costs
  • NRS 696B.260— Service of process
  • NRS 696B.270— Injunctions
  • NRS 696B.280— Uniform Insurers Liquidation Act and Insurer Receivership Model Act: Composition; severability; interpretation
  • NRS 696B.290— Conduct of delinquency proceedings against domestic insurers and certain alien insurers; appointment and payment of costs of special deputy commissioners and other persons
  • NRS 696B.300— Conduct of delinquency proceedings against foreign insurers
  • NRS 696B.310— Claims of nonresidents against domestic insurers
  • NRS 696B.320— Claims of residents against foreign insurers
  • NRS 696B.330— Claims: Form; date for filing; approval or denial by receiver; notice and report regarding determinations; objections; hearing; order
  • NRS 696B.332— Reporting and filing requirements of receiver; extension or modification of time
  • NRS 696B.334— Reporting and filing requirements of guaranty association; extension or modification of time
  • NRS 696B.340— Attachment and garnishment of or execution on insurer or assets prohibited during pendency of delinquency proceedings
  • NRS 696B.350— Limitations on enjoining, restraining or interfering with insurer’s business or appointment of receiver; action by judgment creditor
  • NRS 696B.360— Deposit of money
  • NRS 696B.370— Exemption of Commissioner from fees
  • NRS 696B.380— Borrowing on pledge of assets
  • NRS 696B.390— Termination of conservation or rehabilitation
  • NRS 696B.400— Date rights fixed on liquidation
  • NRS 696B.410— Prohibited and voidable transfers and liens
  • NRS 696B.412— Recovery by receiver of certain distributions on capital stock and payments to directors, officers and employees; scope of liability
  • NRS 696B.415— Disbursements to insurance guaranty associations; administrative expenses; claims for unearned premiums
  • NRS 696B.420— Order of distribution of claims from estate of insurer on liquidation
  • NRS 696B.430— Subordination of claims for failure to cooperate
  • NRS 696B.440— Offsets
  • NRS 696B.450— Allowance of certain claims
  • NRS 696B.460— Entry of order of insolvency; notice by Commissioner of time to file claims
  • NRS 696B.470— Report and petition for assessment
  • NRS 696B.480— Assessment: Order and levy
  • NRS 696B.490— Assessment: Prima facie correct; notice to members and subscribers; payment; proceedings to collect
  • NRS 696B.500— Summary proceedings: Commissioner’s corrective orders authorized
  • NRS 696B.510— Summary proceedings: Appeal from Commissioner’s order
  • NRS 696B.520— Summary proceedings: Enforcement; penalty
  • NRS 696B.530— Summary proceedings: Seizure under court order
  • NRS 696B.540— Summary proceedings: Seizure under Commissioner’s order
  • NRS 696B.550— Summary proceedings: Conduct of administrative and judicial hearings; confidentiality of records
  • NRS 696B.560— Summary proceedings: Penalty for refusal to deliver property and records
  • NRS 696B.565— Officers, agents, employees and attorneys of Division: Immunity from liability; indemnification
  • NRS 696B.570— Federal receivership