CHAPTER693A. Corporate Powers and Procedures of Domestic Stock and Mutual Insurers  


GENERAL PROVISIONS
NRS 693A.010. Scope.
NRS 693A.020. Applicability of statutes relating to corporations.
NRS 693A.030. Domestic insurer prohibited from engaging in other business; exceptions.
NRS 693A.040. Principal offices.
NRS 693A.050. Books, records, documents, accounts and vouchers.
NRS 693A.060. Assets to be kept in State; exception.
NRS 693A.070. Removal or concealment of records or assets.
NRS 693A.080. Information to stockholders and regulation of proxies: Scope of provisions.
NRS 693A.090. Information to stockholders and regulation of proxies: Information in advance of meetings.
NRS 693A.100. Information to stockholders and regulation of proxies: Solicitation and form of proxies.
NRS 693A.110. Management and agency contracts; regulations.
NRS 693A.120. Prohibited pecuniary interest of officers; regulations.
NRS 693A.130. Liability of officers and others for paying taxes, licenses and fees.
NRS 693A.140. Dividends to stockholders.
NRS 693A.150. Participating policies.
NRS 693A.160. Dividends to policyholders.
NRS 693A.170. Purchase of own shares by stock insurer.
NRS 693A.180. Borrowing.
NRS 693A.190. Mutual insurers: Additional kinds of insurance.
NRS 693A.200. Mutual insurers: Membership.
NRS 693A.210. Mutual insurers: Bylaws.
NRS 693A.220. Mutual insurers: Contingent liability of members.
NRS 693A.230. Mutual insurers: Levy of contingent liability.
NRS 693A.240. Mutual insurers: Enforcement of contingent liability.
NRS 693A.250. Mutual insurers: Nonassessable policies; revocation of authority.
NRS 693A.260. Impairment of capital, surplus or assets: Notice; time to cure; restrictions.
NRS 693A.270. Impairment of capital, surplus or assets: Curing deficiency; failure to cure.
NRS 693A.280. Impairment of capital, surplus or assets: Violation of restrictions; penalty.
NRS 693A.290. Mutualization of stock insurer.
NRS 693A.300. Conversion to ordinary business corporation.
NRS 693A.310. Affiliation of stock insurers.
NRS 693A.320. Acquisition of controlling stock.
NRS 693A.330. Merger or consolidation of stock insurers.
NRS 693A.340. Preservation of old charter in merger or consolidation.
NRS 693A.350. Merger or consolidation of mutual insurers.
NRS 693A.365. Assumption of reinsurance: Limitations; application of provisions.
NRS 693A.370. Bulk reinsurance: Limitation; approval by Commissioner and members.
NRS 693A.380. Bulk reinsurance: Certificate of fees and commissions; restrictions upon payment; penalty.
NRS 693A.390. Member’s share of assets on liquidation.
CONVERSION OF MUTUAL INTO STOCK INSURER
NRS 693A.400. Definitions.
NRS 693A.405. “Closed block” defined.
NRS 693A.410. “Consideration” defined.
NRS 693A.415. “Converting mutual” defined.
NRS 693A.420. “Eligible member” defined.
NRS 693A.425. “New stock insurer” defined.
NRS 693A.430. “Policyholder” defined.
NRS 693A.435. Procedure for conversion.
NRS 693A.440. Resolution by board of directors; plan of conversion.
NRS 693A.445. Application for conversion: Filing and contents; filing fee.
NRS 693A.450. Public hearing on application.
NRS 693A.455. Action by Commissioner on application.
NRS 693A.460. Meeting and vote of policyholders; notice.
NRS 693A.465. Abandonment of plan of conversion.
NRS 693A.470. Issuance and notice of final order approving application; issuance and effect of certificate of authority.
NRS 693A.475. Authority of Commissioner to engage services of experts; payment of costs to review plan of conversion.
NRS 693A.480. Confidentiality and publication of pertinent information and documents.
NRS 693A.485. Continuation of corporate existence of converting mutual.
NRS 693A.490. Purchase of stock by directors, officers, employees, agents or trustees.
NRS 693A.495. Receipt of fee, commission or other consideration for aiding, promoting or assisting in plan of conversion.
NRS 693A.500. Offers to acquire and acquisition of voting securities of new stock insurer or institution that owns majority of voting securities of new stock insurer.
NRS 693A.505. Unlawful acquisition of securities: Voting of securities prohibited; injunctive and other relief.
NRS 693A.510. Unlawful acquisition of securities: Seizure or sequestration of securities.
NRS 693A.515. Unlawful acquisition of securities: Imposition of administrative penalty for violation.
NRS 693A.520. Unlawful acquisition of securities: Imposition of administrative penalty against director, officer or agent.
NRS 693A.525. Unlawful acquisition of securities: Orders by Commissioner.
NRS 693A.530. Regulations and orders of Commissioner.
NRS 693A.535. Judicial review of final order of Commissioner.
NRS 693A.540. Enforcement of provisions by Commissioner.
REORGANIZATION OF MUTUAL INTO STOCK INSURER
NRS 693A.550. Definitions.
NRS 693A.555. “Intermediate stock holding company” defined.
NRS 693A.560. “Mutual insurance holding company” defined.
NRS 693A.565. “Reorganized stock insurer” defined.
NRS 693A.570. “Voting securities” defined.
NRS 693A.575. Procedure for reorganization.
NRS 693A.580. Proposed plan of reorganization: Filing and contents; filing fee.
NRS 693A.585. Public hearing on proposed plan.
NRS 693A.590. Action by Commissioner on proposed plan; notice and expiration of approval.
NRS 693A.595. Meeting and vote of policyholders; notice.
NRS 693A.600. Abandonment of plan of reorganization.
NRS 693A.605. Issuance and effect of certificate of authority.
NRS 693A.610. Authority of Commissioner to engage services of experts; payment of costs to review plan of reorganization.
NRS 693A.615. Confidentiality and publication of pertinent information and documents.
NRS 693A.620. Continuation of corporate existence of mutual insurer.
NRS 693A.625. Issuance of initial shares of capital stock; identity and rights of policyholders; status, rights, duties and assets of holding company.
NRS 693A.630. Conversion of mutual insurance holding company to domestic stock insurance company not prohibited.
NRS 693A.635. Membership interest in mutual insurance holding company is not security.
NRS 693A.640. Receipt of fee, commission or other consideration for aiding, promoting or assisting in plan of reorganization.
NRS 693A.645. Mutual insurance holding company: Annual filing requirements.
NRS 693A.650. Mutual insurance holding company: Production of records, books or other information and papers.
NRS 693A.655. Regulations and orders of Commissioner.
NRS 693A.660. Judicial review of final order of Commissioner.
NRS 693A.665. Enforcement of provisions by Commissioner.