NAC695C.122. Application: Member of insurance holding company system.

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     1. Any organization which is wholly or partially owned by an insurance company or other entity defined in NRS 692C.060 shall describe that relationship in its application for a certificate of authority. The organization shall provide the Division with the information described in chapter 692C of NRS concerning filings by an insurance holding company.

     2. Any filing required of an insurance holding company by chapter 692C of NRS applies at the time of the application by an organization and continues after the issuance of a certificate of authority to the organization.

     3. For the purposes of this section and NRS 692C.060, the term “organization” is included in the meaning of the term “insurer.” As such, any organization affiliated with any other person is a member of an insurance holding company system.

(Added to NAC by Comm’r of Insurance, eff. 6-11-86; A 12-9-91)

                    
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