Nevada · Statutes
Chapter 694C
65 sections
65 sections
- Nev. Rev. Stat. § 694C.010Definitions.
- Nev. Rev. Stat. § 694C.020“Affiliated company” defined.
- Nev. Rev. Stat. § 694C.030“Agency captive insurer” defined.
- Nev. Rev. Stat. § 694C.035“Alien captive insurer” defined.
- Nev. Rev. Stat. § 694C.040“Association” defined.
- Nev. Rev. Stat. § 694C.050“Association captive insurer” defined.
- Nev. Rev. Stat. § 694C.053“Branch business” defined.
- Nev. Rev. Stat. § 694C.055“Branch captive insurer” defined.
- Nev. Rev. Stat. § 694C.057“Branch operations” defined.
- Nev. Rev. Stat. § 694C.060“Captive insurer” defined.
- Nev. Rev. Stat. § 694C.070“Commissioner” defined.
- Nev. Rev. Stat. § 694C.075“Controlled unaffiliated business” defined.
- Nev. Rev. Stat. § 694C.080“Division” defined.
- Nev. Rev. Stat. § 694C.085“Dormant captive insurer” defined.
- Nev. Rev. Stat. § 694C.090“Member organization” defined.
- Nev. Rev. Stat. § 694C.100“Mutual insurer” defined.
- Nev. Rev. Stat. § 694C.110“Parent” defined.
- Nev. Rev. Stat. § 694C.113“Participant” defined.
- Nev. Rev. Stat. § 694C.115“Participant contract” defined.
- Nev. Rev. Stat. § 694C.117“Protected cell” defined.
- Nev. Rev. Stat. § 694C.120“Pure captive insurer” defined.
- Nev. Rev. Stat. § 694C.130“Reciprocal insurer” defined.
- Nev. Rev. Stat. § 694C.140“Rental captive insurer” defined.
- Nev. Rev. Stat. § 694C.141“Risk retention group” defined.
- Nev. Rev. Stat. § 694C.143“Sponsor” defined.
- Nev. Rev. Stat. § 694C.147“Sponsored captive insurer” defined.
- Nev. Rev. Stat. § 694C.149“State-chartered risk retention group” defined.
- Nev. Rev. Stat. § 694C.150“Stock insurer” defined.
- Nev. Rev. Stat. § 694C.155Applicability of chapter 696B
- Nev. Rev. Stat. § 694C.160Applicability of other provisions.
- Nev. Rev. Stat. § 694C.170Regulations.
- Nev. Rev. Stat. § 694C.180Formation of captive insurer.
- Nev. Rev. Stat. § 694C.190Name.
- Nev. Rev. Stat. § 694C.195Sponsored captive insurer: Formation; conditions for formation and licensure; requirements for sponsor and participants.
- Nev. Rev. Stat. § 694C.200Authorization to apply for license in certain circumstances; license required to transact insurance; penalty.
- Nev. Rev. Stat. § 694C.210Application: Requirement; contents.
- Nev. Rev. Stat. § 694C.215Application: Sponsored captive insurer required to file certain information with Commissioner.
- Nev. Rev. Stat. § 694C.220Application: Fees; Commissioner authorized to retain professional services relating to examination of applicant; cost of services.
- Nev. Rev. Stat. § 694C.230Issuance of license; annual renewal; fees.
- Nev. Rev. Stat. § 694C.240Insurer required to include business plan with application for issuance and renewal of license; updates to business plan.
- Nev. Rev. Stat. § 694C.250Capital or surplus required: Amount; form; Commissioner authorized to prescribe additional requirements; letter of credit; use of surplus note.
- Nev. Rev. Stat. § 694C.259Certificate of dormancy: Application; powers and duties of certificate holder; renewal; expiration; surrender; revocation; regulations.
- Nev. Rev. Stat. § 694C.270Suspension or revocation of license: Grounds; hearings.
- Nev. Rev. Stat. § 694C.300Authorized and prohibited types of insurance.
- Nev. Rev. Stat. § 694C.310Meetings of board of directors; additional requirements to transact insurance; review by Commissioner of qualifications of manager.
- Nev. Rev. Stat. § 694C.320Plan for payment of dividends; regulations.
- Nev. Rev. Stat. § 694C.330Payment of dividends and extraordinary dividends.
- Nev. Rev. Stat. § 694C.340Compliance with requirements relating to investments; loan to parent or affiliated company by pure captive insurer in certain circumstances.
- Nev. Rev. Stat. § 694C.350Reinsurance; credit for reserves on risks or portions of risks in certain circumstances; plan for workers’ compensation deemed reinsurance in certain circumstances.
- Nev. Rev. Stat. § 694C.360Use of insurance of captive insurer to satisfy requirements relating to insurance on vehicles subject to Nevada Transportation Authority or Taxicab Authority prohibited; exception.
- Nev. Rev. Stat. § 694C.370Insurer not required to join rating organization.
- Nev. Rev. Stat. § 694C.380Insurer prohibited from joining or contributing to or receiving benefit for claims from assigned risk pool or insurance insolvency guaranty fund.
- Nev. Rev. Stat. § 694C.382Combining assets for investment.
- Nev. Rev. Stat. § 694C.384for branch operations.
- Nev. Rev. Stat. § 694C.386Alien captive insurer: Issuance of certificate related to branch operations; registration.
- Nev. Rev. Stat. § 694C.388Alien captive insurer: Reports and statements.
- Nev. Rev. Stat. § 694C.389State-chartered risk retention group: Compliance with laws and requirements applicable to liability insurers.
- Nev. Rev. Stat. § 694C.390State-chartered risk retention group: Required filings.
- Nev. Rev. Stat. § 694C.392State-chartered risk retention group: Board of directors; material service provider contracts; audit committee; written policies, governance standards and code of business conduct; duty to notify domestic regulator of material noncompliance.
- Nev. Rev. Stat. § 694C.400Submission of annual report of financial condition, audit and financial statement to Commissioner; regulations designating form; alternative date to file annual report; penalties for failing to comply or making false statement.
- Nev. Rev. Stat. § 694C.410Examinations: Conducted by Commissioner; frequency; Commissioner authorized to obtain professional services; cost.
- Nev. Rev. Stat. § 694C.415Examinations: Branch captive insurer; alien captive insurer.
- Nev. Rev. Stat. § 694C.450Taxes on premiums: Imposition; deposit; nonrefundable credit.
- Nev. Rev. Stat. § 694C.455Tax on premiums: Applicable only to branch business of branch captive insurer.
- Nev. Rev. Stat. § 694C.460Fees and assessments received by the Commissioner to be credited to the Fund for Insurance Administration and Enforcement.