Nev. Admin. Code § 616B.445

Current through November 8, 2024

Section 616B.445 - Authority of Commissioner to require guarantee of indemnification

A guarantee of indemnification may be required by the Commissioner from:

1. A parent corporation for its subsidiaries or affiliates;

2. Any partner for a partnership; or

3. An owner for a sole proprietorship, whether or not the indemnitor is seeking a certificate of self-insurance for himself or herself.

Nev. Admin. Code § 616B.445

Added to NAC by Comm'r of Insurance, eff. 1-4-91-Substituted in revision for NAC 616.165

NRS 616B.300, 679B.130