Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE57 INSURANCE |
CHAPTER682B. Deposits |
ADMINISTRATION |
NRS682B.090. Rights of insurer during solvency.
Latest version.
- So long as the insurer remains solvent and is in compliance with this Code it may:
1. Demand, receive, sue for and recover the income from the assets deposited;
2. Exchange and substitute assets of equivalent or greater fair market value for the deposited assets; and
3. At any reasonable time inspect any such deposit.
(Added to NRS by 1971, 1632)