Nev. Rev. Stat. § 696B.020
Applicability of chapter
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NRS 696B.020 Applicability of chapter. The
applicable provisions of this chapter apply to:
1. All insurers authorized to transact insurance in this state;
2. All insurers having policyholders resident in this state;
3. All insurers against whom a claim under an insurance contract may arise in this state;
4. All persons in the process of organization, or holding themselves out as organizing, or proposing to organize in this state for the purpose of becoming an insurer; and
5. All other persons to whom such provisions are otherwise expressly made applicable by law.
(Added to NRS by 1971, 1883; A 1995, 2167; 1997, 1455)
Notes of Decisions
Cited in 2
cases, 1993–1993 · leading case: Frontier Insurance Service, Inc. v. State ex rel. Gates
Frontier Insurance Service, Inc. v. State ex rel. Gates (1993)
“…and Nevada law, insurers authorized to transact insurance business are within the scope of the liquidation statutes. NRS 696B.020; Ind. Code Ann. § 27-9-1-1 . Transacting insurance business includes the issuance of surety bonds. See NRS 691B.010 and Ind. Code Ann. § 27-1-5-1…”
Frontier Ins. Serv. v. STATE, COM'R INS. (1993)
“NRS 696B.020; Ind.Code Ann. § 27-9-1-1. Transacting insurance business includes the issuance of surety bonds.”
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