Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE57 INSURANCE |
CHAPTER693A. Corporate Powers and Procedures of Domestic Stock and Mutual Insurers |
REORGANIZATION OF MUTUAL INTO STOCK INSURER |
NRS693A.555. “Intermediate stock holding company” defined.
Latest version.
- “Intermediate stock holding company” means a holding company of which at least a majority of the voting securities are owned by a mutual insurance holding company and which directly owns all the voting securities of a reorganized stock insurer.
(Added to NRS by 2001, 2241)