687A.040 - Nevada Insurance Guaranty Association created. - Nevada Statutes

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Statutes > Nevada > Title-57 > Chapter-687a > 687a-040

687A.040 Nevada Insurance Guaranty Association created. There is hereby created a nonprofit unincorporated legal entity to be known as the Nevada Insurance Guaranty Association. All member insurers must be members of the Association as a condition of their authority to transact insurance in this state. The Association shall perform its functions under a plan of operation established and approved pursuant to NRS 687A.070 and shall exercise its powers through a Board of Directors established under NRS 687A.050.

(Added to NRS by 1971, 1944; A 1985, 1074)

State Codes and Statutes

Statutes > Nevada > Title-57 > Chapter-687a > 687a-040

687A.040 Nevada Insurance Guaranty Association created. There is hereby created a nonprofit unincorporated legal entity to be known as the Nevada Insurance Guaranty Association. All member insurers must be members of the Association as a condition of their authority to transact insurance in this state. The Association shall perform its functions under a plan of operation established and approved pursuant to NRS 687A.070 and shall exercise its powers through a Board of Directors established under NRS 687A.050.

(Added to NRS by 1971, 1944; A 1985, 1074)

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State Codes and Statutes

Statutes > Nevada > Title-57 > Chapter-687a > 687a-040

687A.040 Nevada Insurance Guaranty Association created. There is hereby created a nonprofit unincorporated legal entity to be known as the Nevada Insurance Guaranty Association. All member insurers must be members of the Association as a condition of their authority to transact insurance in this state. The Association shall perform its functions under a plan of operation established and approved pursuant to NRS 687A.070 and shall exercise its powers through a Board of Directors established under NRS 687A.050.

(Added to NRS by 1971, 1944; A 1985, 1074)