NRS 696C.160 - Regulations; employment of staff by Commissioner; reimbursement of Commissioner and administrative supervisor.

NV Rev Stat § 696C.160 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

The Commissioner may:

1. Adopt any regulations necessary to carry out the purposes and provisions of this chapter;

2. In addition to an administrative supervisor designated by the Commissioner pursuant to subsection 1 of NRS 696C.110, employ any other counsels, actuaries, clerks and assistants as the Commissioner deems necessary for the administrative supervision of an insurer; and

3. Require an insurer placed under administrative supervision to pay the compensation and expenses of the administrative supervisor designated by the Commissioner pursuant to subsection 1 of NRS 696C.110 and any other counsels, actuaries, clerks and assistants described in subsection 2.

(Added to NRS by 2017, 2331)