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Home » US Law » 2022 Nevada Revised Statutes » TITLE 57—INSURANCE » Chapter 696B - Delinquent Insurers: Conservation, Rehabilitation and Liquidation » NRS 696B.240 – Grounds for ancillary liquidation: Foreign and alien insurers.

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.

(Added to NRS by 1971, 1889)