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NRS 696B.400

Date rights fixed on liquidation

Known as the Insurers Conservation, Rehabilitation and Liquidation Law

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

(Added to NRS by 1971, 1896)

The rights and liabilities of the insurer and of its creditors, policyholders, stockholders, members, subscribers and all other persons interested in its estate shall, unless otherwise directed by the court, be fixed as of the date on which the order directing the liquidation of the insurer is filed in the office of the clerk of the court which made the order, subject to the provisions of this chapter with respect to the rights of claimants holding contingent claims.

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