Nev. Rev. Stat. § 687A.040
Creation; membership; operation
Nevada · Nevada Revised Statutes Chapter 687A — Nevada Insurance Guaranty Association · Status: effective
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- Nev. Rev. Stat. § 687A.040, Creation; membership; operation, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2146838
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There is hereby created a nonprofit unincorporated legal entity to be known as the Nevada Insurance Guaranty Association. All member insurers must be members of the Association as a condition of their authority to transact insurance in this state. The Association shall perform its functions under a plan of operation established and approved pursuant to NRS 687A.070 and shall exercise its powers through a Board of Directors established under NRS 687A.050.