Nevada Revised Statutes 682B.090 – Rights of insurer during solvency
Current as of: 2023 | Check for updates
|
Other versions
So long as the insurer remains solvent and is in compliance with this Code it may:
Terms Used In Nevada Revised Statutes 682B.090
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
1. Demand, receive, sue for and recover the income from the assets deposited;
2. Exchange and substitute assets of equivalent or greater fair market value for the deposited assets; and
3. At any reasonable time inspect any such deposit.