Nev. Rev. Stat. § 681A.2155
Order for assuming insurer to post security during rehabilitation, liquidation or conservation
Nevada · Nevada Revised Statutes Chapter 681A — Kinds of Insurance; Limits on Risk; Reinsurance · Status: effective
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- Citation
- Nev. Rev. Stat. § 681A.2155, Order for assuming insurer to post security during rehabilitation, liquidation or conservation, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2145486
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Full text
If subject to a legal process of rehabilitation, liquidation or conservation, as applicable, the ceding insurer, or its representative, may seek and, if determined appropriate by the court in which the proceedings are pending, may obtain an order requiring that the assuming insurer post security for all outstanding ceded liabilities.