Nevada Revised Statutes 696B.240 – Grounds for ancillary liquidation: Foreign and alien insurers
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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.
Terms Used In Nevada Revised Statutes 696B.240
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.