Nev. Rev. Stat. § 687A.110
Detection and prevention of insolvency: Powers of Board of Directors
Nevada · Nevada Revised Statutes Chapter 687A — Nevada Insurance Guaranty Association · Status: effective
Cite this
- Citation
- Nev. Rev. Stat. § 687A.110, Detection and prevention of insolvency: Powers of Board of Directors, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2146849
- Permanent ID
ys:prov:2146849@1- SHA-256
57047f637393c7cf0f221039bbf393ce520f2f1e3f4d102cd370207e680276b5
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
To aid in the detection and prevention of insurer insolvencies:
1. The Board of Directors may, upon majority vote, make recommendations to the Commissioner upon any matter generally related to improving or enhancing regulation for solvency.
2. The Board of Directors may, upon majority vote, make recommendations to the Commissioner for the detection and prevention of insurer insolvencies.
3. The Board of Directors may, at the conclusion of any insolvency of a domestic insurer in which the Association was obligated to pay covered claims, prepare a report on the history and causes of such insolvency, based on the information available to the Association, and submit such report to the Commissioner.