NRS 694B.210
Time limit for assessments.

Every subscriber of a domestic reciprocal insurer having contingent liability shall be liable for, and shall pay his or her share of any assessment, as computed and limited in accordance with this chapter, if:

1.

While the policy of the subscriber is in force or within 1 year after its termination, the subscriber is notified by either the attorney or the Commissioner of his or her intentions to levy such assessment; or

2.

If an order to show cause why a receiver, conservator, rehabilitator or liquidator of the insurer should not be appointed is issued while his or her policy is in force or within 1 year after its termination.

Source: Section 694B.210 — Time limit for assessments., https://www.­leg.­state.­nv.­us/NRS/NRS-694B.­html#NRS694BSec210.

Last Updated

Feb. 5, 2021

§ 694B.210’s source at nv​.us