Nev. Rev. Stat. § 682A.369

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 682A.369 - Quarterly review of investments and written plan for investments

On no less than a quarterly basis, and more often if deemed appropriate, an insurer's board of directors or a committee of the board shall:

1. Receive and review a summary report on the insurer's investment portfolio, its investment activities and practices engaged in pursuant to delegated authority, in order to determine whether the investment activity or practice of the insurer is consistent with its written plan; and

2. Review and revise, as appropriate, the written plan.

NRS 682A.369

Added to NRS by 2015, 3430

Added by 2015, Ch. 522,§150, eff. 7/1/2015.