Nevada § 696B.240 Grounds for ancillary liquidation: Foreign and alien insurers

Nevada Statutes

§ 696B.240 — Grounds for ancillary liquidation: Foreign and alien insurers

Nevada § 696B.240

Title 57INSURANCE

Ch. 696BDelinquent

This text of Nevada § 696B.240 (Grounds for ancillary liquidation: Foreign and alien insurers) 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. § 696B.240 (2026).

Text

The Commissioner may apply to the court for an order appointing the Commissioner as ancillary receiver of and directing the Commissioner to liquidate the business of a foreign or alien insurer having assets, business or claims in this state upon the appointment in the domiciliary sovereignty of such insurer of a receiver, liquidator, conservator, rehabilitator or other officer by whatever name called for the purpose of liquidating the business of the insurer.

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The Commissioner may apply to the court for an order appointing the Commissioner as ancillary receiver of and directing the Commissioner to liquidate the business of a foreign or alien insurer having assets, business or claims in this state upon the appointment in the domiciliary sovereignty of such insurer of a receiver, liquidator, conservator, rehabilitator or other officer by whatever name called for the purpose of liquidating the business of the insurer.