NRS 696B.020

Applicability of chapter

Known as the Insurers Conservation, Rehabilitation and Liquidation Law

The act spans §§ 696–696 (63 sections).

Applied in 2 court decisions — leading case Frontier Ins. Serv. v. STATE, COM'R INS. (1993)

Most recently applied in Frontier Ins. Serv. v. STATE, COM'R INS. (March 1993)

(Added to NRS by 1971, 1883; A 1995, 2167; 1997, 1455)

The applicable provisions of this chapter apply to:

1. All insurers authorized to transact insurance in this state;

2. All insurers having policyholders resident in this state;

3. All insurers against whom a claim under an insurance contract may arise in this state;

4. All persons in the process of organization, or holding themselves out as organizing, or proposing to organize in this state for the purpose of becoming an insurer; and

5. All other persons to whom such provisions are otherwise expressly made applicable by law.

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