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Nevada Revised Statutes (Last Updated: December 24, 2014) |
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TITLE57 INSURANCE |
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CHAPTER694C. Captive Insurers |
| GENERAL PROVISIONS |
| NRS 694C.010. Definitions. |
| NRS 694C.020. “Affiliated company” defined. |
| NRS 694C.030. “Agency captive insurer” defined. |
| NRS 694C.035. “Alien captive insurer” defined. |
| NRS 694C.040. “Association” defined. |
| NRS 694C.050. “Association captive insurer” defined. |
| NRS 694C.053. “Branch business” defined. |
| NRS 694C.055. “Branch captive insurer” defined. |
| NRS 694C.057. “Branch operations” defined. |
| NRS 694C.060. “Captive insurer” defined. |
| NRS 694C.070. “Commissioner” defined. |
| NRS 694C.075. “Controlled unaffiliated business” defined. |
| NRS 694C.080. “Division” defined. |
| NRS 694C.090. “Member organization” defined. |
| NRS 694C.100. “Mutual insurer” defined. |
| NRS 694C.110. “Parent” defined. |
| NRS 694C.113. “Participant” defined. |
| NRS 694C.115. “Participant contract” defined. |
| NRS 694C.117. “Protected cell” defined. |
| NRS 694C.120. “Pure captive insurer” defined. |
| NRS 694C.130. “Reciprocal insurer” defined. |
| NRS 694C.140. “Rental captive insurer” defined. |
| NRS 694C.143. “Sponsor” defined. |
| NRS 694C.147. “Sponsored captive insurer” defined. |
| NRS 694C.150. “Stock insurer” defined. |
| NRS 694C.155. Applicability of chapter 696B of NRS to sponsored captive insurer. |
| NRS 694C.160. Applicability of other provisions. |
| NRS 694C.170. Regulations. |
| NRS 694C.180. Formation of captive insurer. |
| NRS 694C.190. Name. |
| NRS 694C.195. Formation of sponsored captive insurer. |
| LICENSING |
| NRS 694C.200. Authorization to apply for license in certain circumstances; license required to transact insurance; penalty. |
| NRS 694C.210. Application: Requirement; contents. |
| NRS 694C.215. Sponsored captive insurer required to file certain information with Commissioner. |
| NRS 694C.220. Fees for application; Commissioner authorized to retain professional services; cost of services. |
| NRS 694C.230. Issuance of license; annual renewal; fees. |
| NRS 694C.240. Insurer to include business plan with application for issuance and renewal of license; updates to business plan. |
| NRS 694C.250. Capital required: Amount; form; Commissioner authorized to prescribe additional requirements; letter of credit. |
| NRS 694C.270. Suspension or revocation of license; hearings. |
| MISCELLANEOUS PROVISIONS |
| NRS 694C.300. Authorized and prohibited types of insurance. |
| NRS 694C.310. Meetings of board of directors; additional requirements to transact insurance. |
| NRS 694C.320. Plan for payment of dividends; regulations. |
| NRS 694C.330. Payment of dividends. |
| NRS 694C.340. Investments; loan to parent or affiliated company in certain circumstances. |
| NRS 694C.350. Reinsurance; credit for reserves on risks or portions of risks in certain circumstances; plan for workers’ compensation deemed reinsurance in certain circumstances. |
| NRS 694C.360. Use of insurance of captive insurer to satisfy requirements relating to insurance on vehicles subject to Nevada Transportation Authority or Taxicab Authority prohibited; exception. |
| NRS 694C.370. Insurer not required to join rating organization. |
| NRS 694C.380. Insurer prohibited from joining or contributing to risk-sharing plan, risk pool or insurance insolvency guaranty fund. |
| NRS 694C.382. Combining assets for investment. |
| NRS 694C.384. Security for branch operations. |
| NRS 694C.386. Alien captive insurer; issuance of certificate; registration. |
| NRS 694C.388. Reports and statements of alien captive insurer. |
| ADMINISTRATION |
| NRS 694C.400. Annual report of financial condition to Commissioner; regulations designating form; alternative date to file annual report; penalty. |
| NRS 694C.410. Examination by Commissioner; Commissioner authorized to obtain professional services; cost of examination. |
| NRS 694C.415. Examinations: Branch captive insurer; alien captive insurer. |
| TAXATION, REGULATION AND SUPERVISION |
| NRS 694C.450. Taxes on premiums; deposit of portion of taxes in Account for Regulation and Supervision of Captive Insurers; deposit of remainder of taxes in State General Fund. |
| NRS 694C.455. Tax on premiums of branch captive insurer. |