NRS 693A.100
Information to stockholders and regulation of proxies: Solicitation and form of proxies.


1.

No person shall solicit a proxy, consent or authorization in respect of any stock or other voting security of such an insurer unless he or she furnishes the person so solicited with written information reasonably adequate as to:

(a)

The material matters in regard to which the powers so solicited are proposed to be used; and

(b)

The person or persons on whose behalf the solicitation is made, and the interest of such person or persons in relation to such matters.

2.

No person shall so furnish to another information which the informer knows or has reason to believe is false or misleading as to any material fact, or which fails to state any material fact reasonably necessary to prevent any other statement made from being misleading.

3.

The form of all such proxies shall:

(a)

Conspicuously state on whose behalf the proxy is solicited;

(b)

Provide for dating the proxy;

(c)

Impartially identify each matter or group of related matters intended to be acted upon;

(d)

Provide means for the principal to instruct the vote of the shares of the principal as to approval or disapproval of each matter or group, other than election to office; and

(e)

Be legibly printed, with context suitably organized,
Ê but a proxy may confer discretionary authority as to matters as to which a choice is not specified pursuant to paragraph (d), if the form conspicuously states how it is intended to vote the proxy or authorization in each such case, and may confer discretionary authority as to other matters which may come before the meeting but unknown for a reasonable time prior to the solicitation by the persons on whose behalf the solicitation is made.

4.

No proxy shall confer authority to:

(a)

Vote for the election of any person to any office for which a bona fide nominee is not named in the proxy statement; or

(b)

Vote in any annual meeting (or adjournment thereof) other than the annual meeting next following the date on which the proxy statement and form were furnished stockholders.

5.

Any proxy, consent or authorization obtained in violation of, or which violates, this section or the lawful rules and regulations of the Commissioner relating thereto is void.

Source: Section 693A.100 — Information to stockholders and regulation of proxies: Solicitation and form of proxies., https://www.­leg.­state.­nv.­us/NRS/NRS-693A.­html#NRS693ASec100.

693A.010
Scope.
693A.020
Applicability of statutes relating to corporations.
693A.030
Domestic insurer prohibited from engaging in other business
693A.040
Principal offices.
693A.050
Books, records, documents, accounts and vouchers.
693A.060
Assets to be kept in State
693A.070
Removal or concealment of records or assets.
693A.080
Information to stockholders and regulation of proxies: Scope of provisions.
693A.090
Information to stockholders and regulation of proxies: Information in advance of meetings.
693A.100
Information to stockholders and regulation of proxies: Solicitation and form of proxies.
693A.110
Management and agency contracts
693A.120
Prohibited pecuniary interest of officers
693A.130
Liability of officers and others for paying taxes, licenses and fees.
693A.140
Dividends to stockholders.
693A.150
Participating policies.
693A.160
Dividends to policyholders.
693A.170
Purchase of own shares by stock insurer.
693A.180
Borrowing.
693A.190
Mutual insurers: Additional kinds of insurance.
693A.200
Mutual insurers: Membership.
693A.210
Mutual insurers: Bylaws.
693A.220
Mutual insurers: Contingent liability of members.
693A.230
Mutual insurers: Levy of contingent liability.
693A.240
Mutual insurers: Enforcement of contingent liability.
693A.250
Mutual insurers: Nonassessable policies
693A.260
Impairment of capital, surplus or assets: Notice
693A.270
Impairment of capital, surplus or assets: Curing deficiency
693A.280
Impairment of capital, surplus or assets: Violation of restrictions
693A.290
Mutualization of stock insurer.
693A.300
Conversion to ordinary business corporation.
693A.310
Affiliation of stock insurers.
693A.320
Acquisition of controlling stock.
693A.330
Merger or consolidation of stock insurers.
693A.340
Preservation of old charter in merger or consolidation.
693A.350
Merger or consolidation of mutual insurers.
693A.365
Assumption of reinsurance: Limitations
693A.370
Bulk reinsurance: Limitation
693A.380
Bulk reinsurance: Certificate of fees and commissions
693A.390
Member’s share of assets on liquidation.
Last Updated

Feb. 5, 2021

§ 693A.100’s source at nv​.us