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Nev. Rev. Stat. ch. 693A – Corporate Powers and Procedures of Domestic Stock and Mutual Insurers | Midpage
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Nevada Revised Statutes
Title 57
Chapter 693A
Nev. Rev. Stat. ch. 693A
Corporate Powers and Procedures of Domestic Stock and Mutual Insurers
693A.010
Scope
693A.020
Applicability of statutes relating to corporations
693A.030
Domestic insurer prohibited from engaging in other business; exceptions
693A.040
Principal offices
693A.050
Books, records, documents, accounts and vouchers
693A.060
Assets to be kept in State; exception
693A.070
Removal or concealment of records or assets; penalty
693A.080
Information to stockholders and regulation of proxies: Scope of provisions; rules and regulations
693A.090
Information to stockholders and regulation of proxies: Information in advance of meetings
693A.100
Information to stockholders and regulation of proxies: Solicitation and form of proxies
693A.110
Management and agency contracts; regulations
693A.120
Prohibited pecuniary interest of officers; regulations
693A.130
Liability of officers and others for paying taxes, licenses and fees
693A.140
Dividends to stockholders
693A.150
Participating policies
693A.160
Dividends to policyholders
693A.170
Purchase of own shares by stock insurer
693A.180
Borrowing
693A.190
Mutual insurers: Additional kinds of insurance
693A.200
Mutual insurers: Membership
693A.210
Mutual insurers: Bylaws
693A.220
Mutual insurers: Contingent liability of members
693A.230
Mutual insurers: Levy of contingent liability
693A.240
Mutual insurers: Enforcement of contingent liability
693A.250
Mutual insurers: Nonassessable policies; revocation of authority
693A.260
Impairment of capital, surplus or assets: Notice; time to cure; restrictions
693A.270
Impairment of capital, surplus or assets: Curing deficiency; failure to cure
693A.280
Impairment of capital, surplus or assets: Violation of restrictions or requirements; penalty
693A.290
Mutualization of stock insurer
693A.300
Conversion to ordinary business corporation
693A.310
Affiliation of stock insurers
693A.320
Acquisition of controlling stock
693A.330
Merger or consolidation of stock insurers
693A.340
Preservation of original charter in merger or consolidation
693A.350
Merger or consolidation of mutual insurers
693A.365
Assumption of reinsurance: Limitations; application of provisions
693A.370
Bulk reinsurance: Limitation; approval by Commissioner and members
693A.380
Bulk reinsurance: Certificate of fees and commissions; restrictions upon payment; penalty
693A.390
Member’s share of assets on liquidation
693A.400
Definitions
693A.405
“Closed block” defined
693A.410
“Consideration” defined
693A.415
“Converting mutual” defined
693A.420
“Eligible member” defined
693A.425
“New stock insurer” defined
693A.430
“Policyholder” defined
693A.435
Procedure for conversion
693A.440
Resolution by board of directors; plan of conversion
693A.445
Application for conversion: Filing and contents; filing fee
693A.450
Public hearing on application
693A.455
Action by Commissioner on application
693A.460
Meeting and vote of policyholders; notice
693A.465
Abandonment of plan of conversion
693A.470
Issuance and notice of final order approving application; issuance and effect of certificate of authority
693A.475
Authority of Commissioner to engage services of experts; payment of costs to review plan of conversion
693A.480
Confidentiality and publication of pertinent information and documents
693A.485
Continuation of corporate existence of converting mutual
693A.490
Purchase of stock by directors, officers, employees, agents or trustees
693A.495
Receipt of fee, commission or other consideration for aiding, promoting or assisting in plan of conversion
693A.500
Offers to acquire and acquisition of voting securities of new stock insurer or institution that owns majority of voting securities of new stock insurer
693A.505
Unlawful acquisition of securities: Voting of securities prohibited; injunctive and other relief
693A.510
Unlawful acquisition of securities: Seizure or sequestration of securities
693A.515
Unlawful acquisition of securities: Imposition of administrative penalty for violation
693A.520
Unlawful acquisition of securities: Imposition of administrative penalty against director, officer or agent
693A.525
Unlawful acquisition of securities: Orders by Commissioner
693A.530
Regulations and orders of Commissioner
693A.535
Judicial review of final order of Commissioner
693A.540
Enforcement of provisions by Commissioner
693A.550
Definitions
693A.555
“Intermediate stock holding company” defined
693A.560
“Mutual insurance holding company” defined
693A.565
“Reorganized stock insurer” defined
693A.570
“Voting securities” defined
693A.575
Procedure for reorganization
693A.580
Proposed plan of reorganization: Filing and contents; filing fee
693A.585
Public hearing on proposed plan
693A.590
Action by Commissioner on proposed plan; notice and expiration of approval
693A.595
Meeting and vote of policyholders; notice
693A.600
Abandonment of plan of reorganization
693A.605
Issuance and effect of certificate of authority
693A.610
Authority of Commissioner to engage services of experts; payment of costs to review plan of reorganization
693A.615
Confidentiality and publication of pertinent information and documents
693A.620
Continuation of corporate existence of mutual insurer
693A.625
Issuance of initial shares of capital stock; identity and rights of policyholders; status, rights, duties and assets of holding company
693A.630
Conversion of mutual insurance holding company to domestic stock insurance company not prohibited
693A.635
Membership interest in mutual insurance holding company is not security
693A.640
Receipt of fee, commission or other consideration for aiding, promoting or assisting in plan of reorganization
693A.645
Mutual insurance holding company: Annual filing requirements
693A.650
Mutual insurance holding company: Production of records, books or other information and papers
693A.655
Regulations and orders of Commissioner
693A.660
Judicial review of final order of Commissioner
693A.665
Enforcement of provisions by Commissioner