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2022 Nevada Revised Statutes
Chapter 681A - Kinds of Insurance; Limits on Risk; Reinsurance
NRS 681A.2155 - Order for assuming insurer to post security during rehabilitation, liquidation or conservation.
Universal Citation: NV Rev Stat § 681A.2155 (2022)
If subject to a legal process of rehabilitation, liquidation or conservation, as applicable, the ceding insurer, or its representative, may seek and, if determined appropriate by the court in which the proceedings are pending, may obtain an order requiring that the assuming insurer post security for all outstanding ceded liabilities.
(Added to NRS by 2021, 2953)
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