Nevada Statutes
§ 694C.155 — Applicability of chapter 696B of NRS to sponsored captive insurer
Nevada § 694C.155
This text of Nevada § 694C.155 (Applicability of chapter 696B of NRS to sponsored captive insurer) 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. § 694C.155 (2026).
Text
The provisions of chapter 696B of NRS apply to a sponsored captive insurer if:
1.The assets of a protected cell are not used to pay any expense or claim other than those that are attributable to the protected cell; and
2.The capital and surplus of the sponsored captive insurer are available at all times to pay any expenses of or claims against the sponsored captive insurer.
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Legislative History
(Added to NRS by 2005, 2150 )
Nearby Sections
15
§ 694C.010
Definitions§ 694C.020
“Affiliated company” defined§ 694C.030
“Agency captive insurer” defined§ 694C.035
“Alien captive insurer” defined§ 694C.040
“Association” defined§ 694C.050
“Association captive insurer” defined§ 694C.053
“Branch business” defined§ 694C.055
“Branch captive insurer” defined§ 694C.057
“Branch operations” defined§ 694C.060
“Captive insurer” defined§ 694C.070
“Commissioner” defined§ 694C.080
“Division” defined§ 694C.085
“Dormant captive insurer” defined§ 694C.090
“Member organization” definedCite This Page — Counsel Stack
Bluebook (online)
Nevada § 694C.155, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/694C.155.