Nev. Rev. Stat. § 692C.170

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 692C.170 - Cessation of control: Disposal of investment required; exception

If an insurer ceases to control a subsidiary, it shall dispose of any investment therein made pursuant to NRS 692C.140 within 3 years from the time of the cessation of control or within such further time as the Commissioner may prescribe, unless any such investment shall have met the requirements for investment under any other section of this chapter, and the insurer has notified the Commissioner thereof.

NRS 692C.170

Added to NRS by 1973, 1040
Added to NRS by 1973, 1040