Nevada Statutes
§ 681A.1557 — Certified reinsurer: Inactive status
Nevada § 681A.1557
This text of Nevada § 681A.1557 (Certified reinsurer: Inactive status) 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.1557 (2026).
Text
A certified reinsurer that ceases to assume new business in this State may request to maintain its certification in inactive status to continue to qualify for a reduction in security for its in-force business. An inactive certified reinsurer must continue to comply with all applicable requirements of NRS 681A.150 to 681A.190, inclusive, and the Commissioner shall assign a rating that takes into account, if relevant, the reasons why the reinsurer is not assuming new business.
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Related
§ 681A.150
Nevada § 681A.150
Legislative History
(Added to NRS by 2015, 3384 )
Nearby Sections
15
§ 681A.010
Definitions; nonexclusive application§ 681A.020
“Casualty insurance” defined§ 681A.022
“Continuous care coverage” defined§ 681A.024
“Covered agreement” defined§ 681A.030
“Health insurance” defined§ 681A.040
“Life insurance” defined§ 681A.055
“NAIC” defined§ 681A.060
“Property insurance” defined§ 681A.062
“Reciprocal jurisdiction” defined§ 681A.068
“Solvent scheme of arrangement” defined§ 681A.070
“Surety insurance” defined§ 681A.080
“Title insurance” defined§ 681A.090
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Bluebook (online)
Nevada § 681A.1557, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/681A.1557.