2010 Nevada Code
TITLE 57 INSURANCE
Chapter 680A Authorization of Insurers and General Requirements
NRS 680A.175 Transfer of insurer's domicile: Termination of status as domestic insurer; qualification as foreign insurer.

NRS 680A.175 Transfer of insurer's domicile: Termination of status as domestic insurer; qualification as foreign insurer.

1. If a domestic insurer transfers its domicile to another state, it ceases to be a domestic insurer.

2. The Commissioner shall issue to such an insurer a certificate of authority to transact insurance as a foreign insurer if:

(a) The insurer qualifies as a foreign insurer; and

(b) Such certification is in the best interest of the policyholders of this state.

(Added to NRS by 1983, 683)



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