Nevada Statutes

§ 693A.405 — “Closed block” defined

Nevada § 693A.405

JurisdictionNevada

Title 57INSURANCE

Ch. 693ACorporate

CONVERSION OF MUTUAL INTO STOCK INSURER

This text of Nevada § 693A.405 (“Closed block” defined) 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.405 (2026).

Text

“Closed block” means an allocation of assets of the converting mutual sufficient to maintain payments of guaranteed benefits and the continuation of the current dividends for eligible members.

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Legislative History

(Added to NRS by 2001, 2232 )

Nearby Sections

15

§ 693A.010

§ 693A.020

Applicability of statutes relating to corporations

§ 693A.030

Domestic insurer prohibited from engaging in other business; exceptions

§ 693A.040

Principal offices

§ 693A.050

Books, records, documents, accounts and vouchers

§ 693A.060

Assets to be kept in State; exception

§ 693A.070

Removal or concealment of records or assets; penalty

§ 693A.080

Information to stockholders and regulation of proxies: Scope of provisions; rules and regulations

§ 693A.090

Information to stockholders and regulation of proxies: Information in advance of meetings

§ 693A.100

Information to stockholders and regulation of proxies: Solicitation and form of proxies

§ 693A.110

Management and agency contracts; regulations

§ 693A.120

Prohibited pecuniary interest of officers; regulations

§ 693A.130

Liability of officers and others for paying taxes, licenses and fees

§ 693A.140

Dividends to stockholders

§ 693A.150

Participating policies

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Bluebook (online)

Nevada § 693A.405, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/693A.405.