Nevada Statutes

§ 681A.1556 — Certified reinsurer: Applicant certified in certain jurisdictions may be deemed by Commissioner to be certified in Nevada

Nevada § 681A.1556
JurisdictionNevada
Title 57INSURANCE
Ch. 681AKinds
Credit as Asset or Deduction From Liability

This text of Nevada § 681A.1556 (Certified reinsurer: Applicant certified in certain jurisdictions may be deemed by Commissioner to be certified in Nevada) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Nev. Rev. Stat. § 681A.1556 (2026).

Text

If an applicant for certification has been certified as a reinsurer in a National Association of Insurance Commissioners accredited jurisdiction, the Commissioner has the discretion to defer to that jurisdiction’s certification, and has the discretion to defer to the rating assigned by that jurisdiction, and such assuming insurer shall be considered to be certified in this State.

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Legislative History

(Added to NRS by 2015, 3384 )

Nearby Sections

15
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Bluebook (online)
Nevada § 681A.1556, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/681A.1556.