Nevada § 694C.386 Alien captive insurer: Issuance of certificate related to branch operations; registration

Nevada Statutes

§ 694C.386 — Alien captive insurer: Issuance of certificate related to branch operations; registration

Nevada § 694C.386

Title 57INSURANCE

Ch. 694CCaptive

MISCELLANEOUS PROVISIONS

This text of Nevada § 694C.386 (Alien captive insurer: Issuance of certificate related to branch operations; registration) 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.386 (2026).

Text

An alien captive insurer licensed as a branch captive insurer shall petition the Commissioner to issue a certificate setting forth the finding of the Commissioner that, after considering the character, reputation, financial responsibility, insurance experience and business qualifications of the officers and directors of the alien captive insurer, the licensing and maintenance of the branch operations will promote the general welfare of the State. The alien captive insurer may register to do business in this State after the certificate is issued by the Commissioner.

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An alien captive insurer licensed as a branch captive insurer shall petition the Commissioner to issue a certificate setting forth the finding of the Commissioner that, after considering the character, reputation, financial responsibility, insurance experience and business qualifications of the officers and directors of the alien captive insurer, the licensing and maintenance of the branch operations will promote the general welfare of the State. The alien captive insurer may register to do business in this State after the certificate is issued by the Commissioner.