Nev. Rev. Stat. § 681A.220

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 681A.220 - Limitation on credit allowed when assuming insurer does not meet certain requirements

Credit must be allowed if reinsurance is ceded to an assuming insurer not meeting the requirements of NRS 681A.110, 681A.150 to 681A.190, inclusive, and NRS 681A.211 to 681A.217, inclusive, but only with respect to the insurance of risks located in jurisdictions where such reinsurance is required by applicable law or regulation of that jurisdiction.

NRS 681A.220

Added to NRS by 1995, 1758; A 2015, 3389; 2021, 2958

Amended by 2021, Ch. 478,§6.96, eff. 10/1/2021.

Amended by 2015, Ch. 522,§20, eff. 7/1/2015.

Added to NRS by 1995, 1758