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NRS 616B.356 - Certificate of authority required before surety or bonding company may furnish bond or other security for association.

NV Rev Stat § 616B.356 (2019) (N/A)
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A surety or bonding company shall not furnish a bond or any other form of security required by the provisions of chapters 616A to 616D, inclusive, or chapter 617 of NRS for an association of self-insured public or private employers or a member of such an association unless the surety or bonding company holds a certificate of authority issued by the Commissioner.

(Added to NRS by 1995, 1977)

Previous Section
NRS 616B.353 - Indemnity agreement; policy of excess insurance; assessment; bond or similar security; minimum combined tangible net worth; combined net cash flows; bond required of association’s administrator or third-party administrator; Account for Associations of Self-Insured Public and Private Employers.
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NRS 616B.359 - Certificate of qualification as an association of self-insured employers: Time for consideration of application; issuance by Commissioner; contents; effective date; period certificate is in effect; cancellation by association.