Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter681B Insurance: Assets and Liabilities |
RISK-BASED CAPITAL OF INSURERS |
Events Requiring Authorized Control |
NAC681B.535. Preparation and submission of plan or revised plan for risk-based capital.
Latest version.
- If an event that requires authorized control 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 authorized control occurred.
(Added to NAC by Comm’r of Insurance by R088-97, eff. 3-19-98)