2022 Nevada Revised Statutes
Chapter 687A - Nevada Insurance Guaranty Association
NRS 687A.160 - Proceedings involving insolvent insurer: Stay; access by Association to records of insurer.
1. Subject to waiver by the Association in specific cases involving covered claims, all proceedings in which the insolvent insurer is a party, or is obligated to defend a party, in any court in this State must be stayed until the last day fixed by the court for the filing of claims and for such additional time thereafter as may be determined by the court from the date the insolvency is determined or an ancillary proceeding is instituted in this State, whichever is later, to permit proper defense by the Association of all pending causes of action.
2. The liquidator, receiver or statutory successor of an insolvent insurer governed by this chapter shall permit access by the Association or its authorized representative to the insolvent insurer’s records which are necessary for the Association in carrying out its functions under this chapter with regard to covered claims. In addition, the liquidator, receiver or statutory successor shall provide the Association or its representative with copies of such records upon request by the Association and at the expense of the Association.
(Added to NRS by 1971, 1949; A 1977, 438; 1987, 928; 2021, 122)
