2020 Nevada Revised Statutes
Chapter 679B - Commissioner of Insurance
NRS 679B.270 - Report of examination: Contents; evidentiary effect in certain proceedings.

Universal Citation: NV Rev Stat § 679B.270 (2020)

1. No later than 60 days after the completion of an examination, the examiner designated by the Commissioner shall file a verified report of examination, in writing, which must be comprised only of facts appearing upon the books, records or other documents of the insurer or its agents or other persons examined concerning its affairs, or as ascertained from the testimony of the officers or agents or other persons examined concerning its affairs, and such conclusions and recommendations as the examiner finds reasonably warranted from the facts. The report of examination must be verified by the oath of the examiner making the report.

2. Such a report of examination of an insurer so verified is prima facie evidence in any action or proceeding for the receivership, conservation or liquidation of the insurer brought in the name of the state against the insurer, its officers or agents upon the facts stated therein.

(Added to NRS by 1971, 1569; A 1977, 693; 1995, 1751; 2017, 62)

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