Nev. Rev. Stat. § 696C.160
Regulations; employment of staff by Commissioner; payment by insurer of costs of such staff and administrative supervisor
Nevada · Nevada Revised Statutes Chapter 696C — Administrative Supervision of Insurers · Status: effective
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- Nev. Rev. Stat. § 696C.160, Regulations; employment of staff by Commissioner; payment by insurer of costs of such staff and administrative supervisor, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2150798
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Full text
The Commissioner may:
1. Adopt any regulations necessary to carry out the purposes and provisions of this chapter;
2. In addition to an administrative supervisor designated by the Commissioner pursuant to subsection 1 of NRS 696C.110, employ any other counsels, actuaries, clerks and assistants as the Commissioner deems necessary for the administrative supervision of an insurer; and
3. Require an insurer placed under administrative supervision to pay the compensation and expenses of the administrative supervisor designated by the Commissioner pursuant to subsection 1 of NRS 696C.110 and any other counsels, actuaries, clerks and assistants described in subsection 2.