Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE57 INSURANCE |
CHAPTER679A. General Provisions |
NRS679A.090. “Domestic,” “foreign” and “alien” insurer defined.
Latest version.
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1. A “domestic” insurer is one:
(a) Formed under the laws of Nevada, unless it has converted into a foreign insurer; or
(b) Which has converted into a domestic insurer.
2. A “foreign” insurer is one:
(a) Formed under the laws of any jurisdiction other than this state, unless it has converted into a domestic insurer; or
(b) Which has converted into a foreign insurer.
3. An “alien” insurer is one formed under the laws of any country other than the United States of America or any of its states.
4. Except where distinguished by context, “foreign” insurer includes also “alien” insurer.
(Added to NRS by 1971, 1558; A 1983, 683)