Nevada § 693A.030 Domestic insurer prohibited from engaging in other business; exceptions

Nevada Statutes

§ 693A.030 — Domestic insurer prohibited from engaging in other business; exceptions

Nevada § 693A.030

Title 57INSURANCE

Ch. 693ACorporate

GENERAL PROVISIONS

This text of Nevada § 693A.030 (Domestic insurer prohibited from engaging in other business; exceptions) 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. § 693A.030 (2026).

Text

1.Except as otherwise provided in subsections 2, 3 and 4, a domestic insurer formed before, on or after January 1, 1972, shall not engage in any business other than the insurance business and in business activities reasonably and necessarily incidental to the insurance business.

2.A title insurer may also engage in business as an escrow agent.

3.Any insurer may also engage in business activities reasonably related to the management, supervision, servicing of and protection of its interests as to its lawful investments, and to the full utilization of its facilities.

4.An insurer may own subsidiaries which may engage in such businesses as are provided for in NRS 682A.430 .

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1. Except as otherwise provided in subsections 2, 3 and 4, a domestic insurer formed before, on or after January 1, 1972, shall not engage in any business other than the insurance business and in business activities reasonably and necessarily incidental to the insurance business.
2. A title insurer may also engage in business as an escrow agent.
3. Any insurer may also engage in business activities reasonably related to the management, supervision, servicing of and protection of its interests as to its lawful investments, and to the full utilization of its facilities.
4. An insurer may own subsidiaries which may engage in such businesses as are provided for in NRS 682A.430 .