NRS 694C.035
“Alien captive insurer” defined.

“Alien captive insurer” means any insurer that is formed to write insurance business for its parents and affiliates and is licensed pursuant to the laws of an alien jurisdiction which imposes statutory or regulatory standards acceptable to the Commissioner on companies transacting the business of insurance in such jurisdiction.

Source: Section 694C.035 — “Alien captive insurer” defined., https://www.leg.state.nv.us/NRS/NRS-694C.html#NRS694CSec035.

694C.010
Definitions. 694C.020
“Affiliated company” defined. 694C.030
“Agency captive insurer” defined. 694C.035
“Alien captive insurer” defined. 694C.040
“Association” defined. 694C.050
“Association captive insurer” defined. 694C.053
“Branch business” defined. 694C.055
“Branch captive insurer” defined. 694C.057
“Branch operations” defined. 694C.060
“Captive insurer” defined. 694C.070
“Commissioner” defined. 694C.075
“Controlled unaffiliated business” defined. 694C.080
“Division” defined. 694C.085
“Dormant captive insurer” defined. 694C.090
“Member organization” defined. 694C.100
“Mutual insurer” defined. 694C.110
“Parent” defined. 694C.113
“Participant” defined. 694C.115
“Participant contract” defined. 694C.117
“Protected cell” defined. 694C.120
“Pure captive insurer” defined. 694C.130
“Reciprocal insurer” defined. 694C.140
“Rental captive insurer” defined. 694C.141
“Risk retention group” defined. 694C.143
“Sponsor” defined. 694C.147
“Sponsored captive insurer” defined. 694C.149
“State-chartered risk retention group” defined. 694C.150
“Stock insurer” defined. 694C.160
Applicability of other provisions. 694C.170
Regulations. 694C.180
Formation of captive insurer. 694C.190
Name. 694C.195
Formation of sponsored captive insurer.

Last Updated

Jun. 24, 2021

§ 694C.035’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_694c.035

Original Source: Section 694C.035 — “Alien captive insurer” defined., https://www.leg.state.nv.us/NRS/NRS-694C.html#NRS694CSec035 (last accessed Jun. 24, 2021).