NRS 694C.230
Issuance of license

  • annual renewal
  • fees.

1.

If the Commissioner determines that the documents and statements filed by the captive insurer satisfy the requirements for licensure, the Commissioner shall issue a license to the captive insurer. The license may be renewed annually upon the satisfaction of all requirements imposed by the Commissioner and payment of all applicable renewal fees.

2.

A captive insurer must pay a fee of $300 for the issuance of a license and, on or before March 1 of each year, an annual fee of $300 and, in addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110 for the renewal of a license.

Source: Section 694C.230 — Issuance of license; annual renewal; fees., https://www.­leg.­state.­nv.­us/NRS/NRS-694C.­html#NRS694CSec230 (accessed May 26, 2025).

May 26, 2025

§ 694C.230. Issuance of license's source at nv​.us