NRS681A.220. Requirements when assuming insurer does not meet certain requirements.

Latest version.

Credit must be allowed if reinsurance is ceded to an assuming insurer not meeting the requirements of NRS 681A.110 or 681A.150, 681A.160, 681A.170, 681A.180 or 681A.190, but only with respect to the insurance of risks located in jurisdictions where such reinsurance is required by applicable law or regulation of that jurisdiction.

(Added to NRS by 1995, 1758)

                    
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