NAC694C.260. Notification of certain changes in operations or organizational structure.  


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  • If any material change occurs in the operations of a captive insurer or in the organizational structure within the captive insurer, the manager, certified public accountant or actuary of the captive insurer shall notify the board of directors of the captive insurer of the material change within 60 days after the material change occurs.

     (Added to NAC by Comm’r of Insurance by R125-99, eff. 1-27-2000)