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Chapter 692C - Holding Companies
Chapter 692C - Holding Companies
NRS 692C.010 - Short title.
NRS 692C.020 - Definitions.
NRS 692C.025 - “Acquisition” defined.
NRS 692C.030 - “Affiliate” defined.
NRS 692C.040 - “Commissioner” defined.
NRS 692C.050 - “Control” defined.
NRS 692C.055 - “Enterprise risk” defined.
NRS 692C.057 - “Insurance group” defined.
NRS 692C.060 - “Insurance holding company system” defined.
NRS 692C.070 - “Insurer” defined.
NRS 692C.075 - “Involved insurer” defined.
NRS 692C.076 - “NAIC” defined.
NRS 692C.077 - “ORSA Guidance Manual” defined.
NRS 692C.078 - “ORSA Summary Report” defined.
NRS 692C.079 - “Own Risk and Solvency Assessment” and “ORSA” defined.
NRS 692C.080 - “Person” defined.
NRS 692C.090 - “Security holder” defined.
NRS 692C.100 - “Subsidiary” defined.
NRS 692C.110 - “Voting security” defined.
NRS 692C.120 - Rules, regulations and orders.
NRS 692C.130 - Organization and acquisition of subsidiaries authorized.
NRS 692C.140 - Authorized investments in securities of subsidiaries.
NRS 692C.150 - Exemption from restrictions on investments.
NRS 692C.160 - Determination of qualification of investment.
NRS 692C.170 - Cessation of control: Disposal of investment required; exception.
NRS 692C.180 - Acquisition or merger: Filing requirements; approval by Commissioner.
NRS 692C.190 - Acquisition or merger: Contents of pre-acquisition statement.
NRS 692C.200 - Acquisition or merger: Use of alternative documents.
NRS 692C.210 - Acquisition or merger: Prerequisites for approval; hearing and notice; powers and duties of Commissioner; period for infusion of capital.
NRS 692C.220 - Information to be furnished to shareholders.
NRS 692C.230 - Exemptions.
NRS 692C.240 - Violations.
NRS 692C.250 - Jurisdiction of court; consent to service of process.
NRS 692C.252 - Applicability.
NRS 692C.254 - Form of notice; waiting period.
NRS 692C.256 - Order of Commissioner relating to acquisition: Issuance; competitive standard.
NRS 692C.258 - Order of Commissioner relating to acquisition: Hearing; written decision; effective date; plan to remedy conditions that caused order to be issued; applicability; penalty.
NRS 692C.260 - Registration required; person within insurance holding company system subject to registration required to provide information to insurer.
NRS 692C.270 - Contents of registration statement; statement relating to corporate oversight; financial statements.
NRS 692C.280 - Registration statement: Exempt information.
NRS 692C.290 - Registration statement: Amendment; report of distributions to shareholders; report of enterprise risk; failure to submit report basis for action by Commissioner.
NRS 692C.300 - Termination of registration.
NRS 692C.310 - Consolidated registration.
NRS 692C.320 - Registration on behalf of affiliated insurer.
NRS 692C.330 - Disclaimer of affiliation; disallowance.
NRS 692C.340 - Exemptions.
NRS 692C.350 - Violations; penalties.
NRS 692C.3501 - “Corporate governance annual disclosure” defined.
NRS 692C.3503 - Applicability and scope.
NRS 692C.3504 - Disclosure requirements; regulations.
NRS 692C.3505 - Rules, regulations and orders.
NRS 692C.3506 - Contents and preparation; regulations.
NRS 692C.3507 - Confidentiality.
NRS 692C.3508 - National Association of Insurance Commissioners and third-party consultants.
NRS 692C.3509 - Penalties.
NRS 692C.351 - Risk management framework required.
NRS 692C.3512 - Own Risk and Solvency Assessment requirement.
NRS 692C.3514 - Filing of ORSA Summary Report.
NRS 692C.3516 - Required attestation of ORSA Summary Report.
NRS 692C.3518 - Acceptable alternative to ORSA Summary Report.
NRS 692C.352 - Exemption from risk management and ORSA requirements.
NRS 692C.3522 - Filing requirements for exempt member of nonexempt insurance group.
NRS 692C.3524 - Filing requirements for nonexempt member of exempt insurance group.
NRS 692C.3526 - Waiver of requirements by Commissioner.
NRS 692C.3528 - Authority of Commissioner to impose certain requirements on exempt insurer.
NRS 692C.353 - Requirements for exempt insurer no longer qualified for exemption.
NRS 692C.3532 - Contents of ORSA Summary Report.
NRS 692C.3534 - Review of ORSA Summary Report.
NRS 692C.3536 - Confidentiality of information.
NRS 692C.3538 - Confidential information: Testimonial prohibition; exception.
NRS 692C.354 - Allowed disclosure of information by Commissioner; written protocol required.
NRS 692C.3542 - Sharing of information by Commissioner not delegation of regulatory authority or rulemaking.
NRS 692C.3544 - Disclosure of information to Commissioner not waiver of privilege of confidentiality.
NRS 692C.3546 - Applicability of confidentiality provisions to NAIC and third parties.
NRS 692C.3548 - Prohibited acts; penalties.
NRS 692C.355 - Proposal to acquire or change or continue control of insurer domiciled in State: Notice; action by Commissioner.
NRS 692C.357 - Domestic insurer under control of foreign person not relieved of obligations and liabilities; requirements for board of directors of registered domestic insurer; exception; waiver.
NRS 692C.359 - Supervisory college: Commissioner may convene or participate; composition; agreements with other regulatory agencies.
NRS 692C.360 - Transactions with affiliates; regulations.
NRS 692C.363 - Insurer required to notify Commissioner of intent to enter into certain transactions with affiliate; approval of transactions; exceptions.
NRS 692C.367 - Insurer prohibited from entering into separate transactions with affiliate with intent to avoid review; review of transactions by Commissioner; insurer to notify Commissioner of large investment in corporation.
NRS 692C.370 - Adequacy of surplus.
NRS 692C.372 - Group-wide supervision of internationally active insurance groups: Definitions.
NRS 692C.374 - Group-wide supervision of internationally active insurance groups: “Group-wide supervisor” defined.
NRS 692C.376 - Group-wide supervision of internationally active insurance groups: “Internationally active insurance group” defined.
NRS 692C.378 - Group-wide supervision of internationally active insurance groups: Determination or acknowledgment of group-wide supervisor; change of group-wide supervisor; powers of Commissioner when acting as group-wide supervisor; agreements; regulations; reimbursement of Commissioner by insurer.
NRS 692C.380 - Extraordinary distributions to shareholders: Definition.
NRS 692C.390 - Extraordinary distributions to shareholders: Notice; approval.
NRS 692C.400 - Extraordinary distributions to shareholders: Conditional declaration.
NRS 692C.402 - Sources from which receiver appointed under order for liquidation or rehabilitation of insurer is authorized to recover.
NRS 692C.404 - Liability of person who controlled insurer or affiliate at time distributions were paid or declared.
NRS 692C.410 - Powers of Commissioner; examination of insurer; payment of expenses.
NRS 692C.420 - Confidentiality of disclosed information; exception; written protocol required; effect of sharing or disclosure; applicability to third parties.
NRS 692C.430 - Injunctive relief.
NRS 692C.440 - Prohibited voting of securities.
NRS 692C.450 - Sequestration of voting securities.
NRS 692C.460 - Receivership.
NRS 692C.470 - Suspension, revocation or refusal of license.
NRS 692C.480 - Criminal proceedings and penalties.
NRS 692C.485 - Penalty for violation of certain provisions by director or officer of insurance holding company system; order of Commissioner to cease and desist; order of Commissioner to rescind certain contracts.
NRS 692C.490 - Judicial review.