Nevada Statutes
§ 682B.040 — Deposits through Commissioner required; exceptions; Account for the Division of Insurance; responsibilities of State
Nevada § 682B.040
This text of Nevada § 682B.040 (Deposits through Commissioner required; exceptions; Account for the Division of Insurance; responsibilities of State) 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. § 682B.040 (2026).
Text
1.Except as otherwise provided in NRS 682B.050 and 682B.055 , deposits made in this state pursuant to this Code must be made through the Commissioner. The Account for the Division of Insurance is hereby created in the State Agency Fund for Bonds. All money received by the Commissioner must be deposited with the State Treasurer to the credit of the Account. All claims against the Account must be paid as other claims against the State are paid.
2.The State of Nevada is responsible for the safekeeping of all securities or other assets deposited with the State Treasurer through the Commissioner pursuant to this Code, and shall bear the costs of the depository.
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Related
§ 682B.050
Nevada § 682B.050
Legislative History
(Added to NRS by 1971, 1630 ; A 1985, 609 , 935 ; 1991, 1625 , 1820 ; 1993, 572 , 573 , 1914 )
Nearby Sections
15
§ 682B.010
Authorized deposits§ 682B.015
Additional deposit§ 682B.020
Purpose of deposit§ 682B.030
Securities eligible for deposit§ 682B.050
Custodial arrangements§ 682B.070
Appraisal§ 682B.080
Excess deposits§ 682B.090
Rights of insurer during solvency§ 682B.100
Levy upon deposit§ 682B.110
Deficiency of deposit§ 682B.120
Duration and release of deposit§ 682B.130
Deposit of assets in trustCite This Page — Counsel Stack
Bluebook (online)
Nevada § 682B.040, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/682B.040.