NRS 682B.110
Deficiency of deposit.

If for any reason the market value of assets of an insurer held on deposit in this state falls below the amount required under this Code, the insurer shall promptly deposit other or additional assets eligible for deposit sufficient to cure the deficiency. If the insurer has failed to cure the deficiency within 20 days after receipt of notice thereof by registered or certified mail from the Commissioner, the Commissioner shall forthwith revoke the insurer’s certificate of authority.

Source: Section 682B.110 — Deficiency of deposit., https://www.leg.state.nv.us/NRS/NRS-682B.html#NRS682BSec110.

682B.010
Authorized deposits. 682B.015
Additional deposit. 682B.020
Purpose of deposit. 682B.030
Securities eligible for deposit. 682B.040
Deposits through Commissioner required 682B.050
Custodial arrangements. 682B.055
Use of securities as deposit without delivery to Commissioner. 682B.060
Assignment, transfer and conveyance of assets 682B.070
Appraisal. 682B.080
Excess deposits. 682B.090
Rights of insurer during solvency. 682B.100
Levy upon deposit. 682B.110
Deficiency of deposit. 682B.120
Duration and release of deposit.

Last Updated

Jun. 24, 2021

§ 682B.110’s source at nv.us

Stay Connected

Join thousands of people who receive monthly site updates.

Get Legal Help

The State Bar of Nevada runs a service for finding an attorney in good standing. Initial consultations are usually free or discounted: Lawyer Referral Service

Committed to Public Service

We will always provide free access to the current law. In addition, we provide special support for non-profit, educational, and government users. Through social entrepreneurship, we’re lowering the cost of legal services and increasing citizen access.

Navigate

California:	Codes
Colorado:	C.R.S.
Nevada:	NRS
New York:	Laws
Oregon:	OAR, ORS
Texas:	Statutes
World:	Rome Statute, International Dictionary

Location: https://nevada.public.law/statutes/nrs_682b.110

Original Source: Section 682B.110 — Deficiency of deposit., https://www.leg.state.nv.us/NRS/NRS-682B.html#NRS682BSec110 (last accessed Jun. 24, 2021).

NRS 682B.110 Deficiency of deposit.

NRS 682B.110
Deficiency of deposit.