NAC681B.515. Preparation and submission of plan or revised plan for risk-based capital.  


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  • If an event that requires regulatory action occurs, the insurer shall prepare and submit to the Commissioner a plan or revised plan for risk-based capital, as appropriate. The plan or revised plan for risk-based capital must be submitted not later than 45 days after the date on which the event that requires regulatory action occurred.

     (Added to NAC by Comm’r of Insurance by R088-97, eff. 3-19-98)