NRS 694B.030
Powers of reciprocal insurers.

1.

A reciprocal insurer may, upon qualifying therefor as provided for by this Code, transact any kind or kinds of insurance defined by this Code other than life or title insurances.

2.

Such an insurer may purchase reinsurance upon the risk of any subscriber, and may grant reinsurance as to any kind of insurance it is authorized to transact directly.

Source: Section 694B.030 — Powers of reciprocal insurers., https://www.leg.state.nv.us/NRS/NRS-694B.html#NRS694BSec030.

694B.010
“Reciprocal” insurance defined. 694B.020
Scope. 694B.030
Powers of reciprocal insurers. 694B.035
Reciprocal insurer authorized to affect title to real property for purposes of insurer. 694B.040
Name 694B.050
Attorney. 694B.060
Organization of reciprocal insurer. 694B.070
Certificate of authority. 694B.080
Power of attorney. 694B.090
Modifications. 694B.100
Attorney’s bond. 694B.110
Deposit in lieu of bond. 694B.120
Action on bond. 694B.130
Service of process 694B.140
Contributions to insurer. 694B.150
Financial condition: Method of determining. 694B.160
Persons eligible to be subscribers. 694B.170
Subscribers’ advisory committee. 694B.180
Subscribers’ liability. 694B.190
Subscribers’ liability on judgment. 694B.200
Assessments. 694B.210
Time limit for assessments. 694B.220
Aggregate liability. 694B.230
Nonassessable policies. 694B.240
Subscribers’ share in assets. 694B.250
Merger or conversion. 694B.260
Impaired reciprocal insurer.

Last Updated

Feb. 5, 2021

§ 694B.030’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_694b.030

Original Source: Section 694B.030 — Powers of reciprocal insurers., https://www.leg.state.nv.us/NRS/NRS-694B.html#NRS694BSec030 (last accessed Feb. 5, 2021).

NRS 694B.030 Powers of reciprocal insurers.

1.

2.

NRS 694B.030
Powers of reciprocal insurers.