696B.060  “Delinquency proceeding” defined.  “Delinquency proceeding” means:

1.  Any proceeding commenced against an insurer pursuant to this chapter for the purpose of conserving, rehabilitating, reorganizing or liquidating the insurer; or

2.  The summary proceedings authorized by NRS 696B.500 to 696B.565, inclusive.

(Added to NRS by 1971, 1884)