yourstate.us
Home / Nevada / Holding Companies
Nev. Rev. Stat. § 692C.170

Cessation of control: Disposal of investment required; exception

Nevada · Nevada Revised Statutes Chapter 692C — Holding Companies · Status: effective

Banking, Finance & Insurance
Get this as JSONEmbed this
Cite this
Citation
Nev. Rev. Stat. § 692C.170, Cessation of control: Disposal of investment required; exception, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2148977
Permanent ID
ys:prov:2148977@1
SHA-256
6cf4bd3bcd33b3260edc87ced9a2b29c2ae94a98b240a7a5a65aed0859362d7b

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

If an insurer ceases to control a subsidiary, it shall dispose of any investment therein made pursuant to NRS 692C.140 within 3 years from the time of the cessation of control or within such further time as the Commissioner may prescribe, unless any such investment shall have met the requirements for investment under any other section of this chapter, and the insurer has notified the Commissioner thereof.