Nev. Rev. Stat. § 693A.040

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 693A.040 - Principal offices
1. Except as provided in subsection 2, every domestic insurer shall have and maintain its principal office and principal place of business in this state.
2. The Commissioner for good cause shown may permit an insurer to have and maintain such office or place of business in another state if found by the Commissioner to be in the best interests of the insurer and its policyholders and reasonably convenient to the Commissioner in his or her supervision of the insurer, all subject to such reasonable terms and conditions as the Commissioner shall, by order granting such permission, establish.

NRS 693A.040

Added to NRS by 1971, 1798
Added to NRS by 1971, 1798