Nev. Rev. Stat. § 694C.035

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 694C.035 - "Alien captive insurer" defined

"Alien captive insurer" means any insurer that is formed to write insurance business for its parents and affiliates and is licensed pursuant to the laws of an alien jurisdiction which imposes statutory or regulatory standards acceptable to the Commissioner on companies transacting the business of insurance in such jurisdiction.

NRS 694C.035

Added to NRS by 2005, 2147
Added to NRS by 2005, 2147