§ 694C.300 Authorized and prohibited types of insurance
§ 694C.310 Meetings of board of directors; additional requirements to transact insurance; review by Commissioner of qualifications of manager
§ 694C.320 Plan for payment of dividends; regulations
§ 694C.330 Payment of dividends and extraordinary dividends
§ 694C.340 Compliance with requirements relating to investments; loan to parent or affiliated company by pure captive insurer in certain circumstances
§ 694C.350 Reinsurance; credit for reserves on risks or portions of risks in certain circumstances; plan for workers’ compensation deemed reinsurance in certain circumstances
§ 694C.360 Use of insurance of captive insurer to satisfy requirements relating to insurance on vehicles subject to Nevada Transportation Authority or Taxicab Authority prohibited; exception
§ 694C.370 Insurer not required to join rating organization
§ 694C.380 Insurer prohibited from joining or contributing to or receiving benefit for claims from assigned risk pool or insurance insolvency guaranty fund
§ 694C.382 Combining assets for investment
§ 694C.384 Security for branch operations
§ 694C.386 Alien captive insurer: Issuance of certificate related to branch operations; registration
§ 694C.388 Alien captive insurer: Reports and statements
§ 694C.389 State-chartered risk retention group: Compliance with laws and requirements applicable to liability insurers
§ 694C.390 State-chartered risk retention group: Required filings
§ 694C.392 State-chartered risk retention group: Board of directors; material service provider contracts; audit committee; written policies, governance standards and code of business conduct; duty to notify domestic regulator of material noncompliance
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Terms Used In Nevada Revised Statutes > Chapter 694C > Miscellaneous Provisions

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
  • Contract: A legal written agreement that becomes binding when signed.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • 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.
  • Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Oath: A promise to tell the truth.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Service of process: The service of writs or summonses to the appropriate party.
  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC