696B.240 - Grounds for ancillary liquidation: Foreign and alien insurers. - Nevada Statutes

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Statutes > Nevada > Title-57 > Chapter-696b > 696b-240

696B.240 Grounds for ancillary liquidation: Foreign and alien insurers. The Commissioner may apply to the court for an order appointing the Commissioner as ancillary receiver of and directing the Commissioner to liquidate the business of a foreign or alien insurer having assets, business or claims in this state upon the appointment in the domiciliary sovereignty of such insurer of a receiver, liquidator, conservator, rehabilitator or other officer by whatever name called for the purpose of liquidating the business of the insurer.

(Added to NRS by 1971, 1889)

State Codes and Statutes

Statutes > Nevada > Title-57 > Chapter-696b > 696b-240

696B.240 Grounds for ancillary liquidation: Foreign and alien insurers. The Commissioner may apply to the court for an order appointing the Commissioner as ancillary receiver of and directing the Commissioner to liquidate the business of a foreign or alien insurer having assets, business or claims in this state upon the appointment in the domiciliary sovereignty of such insurer of a receiver, liquidator, conservator, rehabilitator or other officer by whatever name called for the purpose of liquidating the business of the insurer.

(Added to NRS by 1971, 1889)

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State Codes and Statutes

Statutes > Nevada > Title-57 > Chapter-696b > 696b-240

696B.240 Grounds for ancillary liquidation: Foreign and alien insurers. The Commissioner may apply to the court for an order appointing the Commissioner as ancillary receiver of and directing the Commissioner to liquidate the business of a foreign or alien insurer having assets, business or claims in this state upon the appointment in the domiciliary sovereignty of such insurer of a receiver, liquidator, conservator, rehabilitator or other officer by whatever name called for the purpose of liquidating the business of the insurer.

(Added to NRS by 1971, 1889)