CHAPTER692C. Holding Companies  


GENERAL PROVISIONS
NRS 692C.010. Short title.
NRS 692C.020. Definitions.
NRS 692C.025. “Acquisition” defined.
NRS 692C.030. “Affiliate” defined.
NRS 692C.040. “Commissioner” defined.
NRS 692C.050. “Control” defined.
NRS 692C.055. “Enterprise risk” defined.
NRS 692C.060. “Insurance holding company system” defined.
NRS 692C.070. “Insurer” defined.
NRS 692C.075. “Involved insurer” defined.
NRS 692C.080. “Person” defined.
NRS 692C.090. “Security holder” defined.
NRS 692C.100. “Subsidiary” defined.
NRS 692C.110. “Voting security” defined.
NRS 692C.120. Rules, regulations and orders.
FORMATION AND ACQUISITION OF SUBSIDIARIES; MERGERS
NRS 692C.130. Organization and acquisition of subsidiaries authorized.
NRS 692C.140. Authorized investments in securities of subsidiaries.
NRS 692C.150. Exemption from restrictions on investments.
NRS 692C.160. Determination of qualification of investment.
NRS 692C.170. Cessation of control: Disposal of investment required; exception.
NRS 692C.180. Acquisition or merger: Filing requirements; approval by Commissioner.
NRS 692C.190. Acquisition or merger: Contents of statement.
NRS 692C.200. Acquisition or merger: Use of alternative documents.
NRS 692C.210. Acquisition or merger: Prerequisites for approval; hearing and notice; powers and duties of Commissioner; period for infusion of capital.
NRS 692C.220. Information to be furnished to shareholders.
NRS 692C.230. Exemptions.
NRS 692C.240. Violations.
NRS 692C.250. Jurisdiction of court; consent to service of process.
REVIEW OF ACQUISITION BY COMMISSIONER
NRS 692C.252. Applicability.
NRS 692C.254. Form of notice; waiting period.
NRS 692C.256. Order of Commissioner relating to acquisition: Issuance; standards.
NRS 692C.258. Order of Commissioner relating to acquisition: Hearing; written decision; effective date; plan to remedy conditions that caused order to be issued; applicability; penalty.
REGISTRATION
NRS 692C.260. Registration required; person within insurance holding company system subject to registration required to provide information to insurer.
NRS 692C.270. Contents of registration statement; statement relating to corporate oversight; financial statements.
NRS 692C.280. Registration statement: Exempt information.
NRS 692C.290. Registration statement: Amendment; report of distributions to shareholders; report of enterprise risk.
NRS 692C.300. Termination of registration.
NRS 692C.310. Consolidated registration.
NRS 692C.320. Registration on behalf of affiliated insurer.
NRS 692C.330. Disclaimer of affiliation; disallowance.
NRS 692C.340. Exemptions.
NRS 692C.350. Violations; penalties.
MISCELLANEOUS PROVISIONS
NRS 692C.355. Proposal to acquire or change or continue control of insurer domiciled in State: Notice; action by Commissioner.
NRS 692C.357. Domestic insurer under control of foreign person not relieved of obligations and liabilities; requirements for board of directors of registered domestic insurer; exception; waiver.
NRS 692C.359. Supervisory college: Commissioner may convene or participate; composition; agreements with other regulatory agencies.
NRS 692C.360. Transactions with affiliates; regulations.
NRS 692C.363. Insurer required to notify Commissioner of intent to enter into certain transactions with affiliate; approval of transactions; exceptions.
NRS 692C.367. Insurer prohibited from entering into separate transactions with affiliate with intent to avoid review; review of transactions by Commissioner; insurer to notify Commissioner of large investment in corporation.
NRS 692C.370. Adequacy of surplus.
NRS 692C.380. Extraordinary distributions to shareholders: Definition.
NRS 692C.390. Extraordinary distributions to shareholders: Notice; approval.
NRS 692C.400. Extraordinary distributions to shareholders: Conditional declaration.
NRS 692C.402. Sources from which receiver appointed under order for liquidation or rehabilitation of insurer is authorized to recover.
NRS 692C.404. Liability of person who controlled insurer or affiliate at time distributions were paid or declared.
REMEDIES; PENALTIES
NRS 692C.410. Powers of Commissioner; examination of insurer; payment of expenses.
NRS 692C.420. Confidentiality of disclosed information; exception.
NRS 692C.430. Injunctive relief.
NRS 692C.440. Prohibited voting of securities.
NRS 692C.450. Sequestration of voting securities.
NRS 692C.460. Receivership.
NRS 692C.470. Suspension, revocation or refusal of license.
NRS 692C.480. Criminal proceedings and penalties.
NRS 692C.485. Penalty for violation of certain provisions by director or officer of insurance holding company system; order of Commissioner to cease and desist; order of Commissioner to rescind certain contracts.
NRS 692C.490. Judicial review.