Nev. Rev. Stat. § 682B.040

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

Section 682B.040 - Deposits through Commissioner required; exceptions; Account for the Division of Insurance; responsibilities of State

1. Except as otherwise provided in NRS 682B.050 and 682B.055, deposits made in this state pursuant to this Code must be made through the Commissioner. The Account for the Division of Insurance is hereby created in the State Agency Fund for Bonds. All money received by the Commissioner must be deposited with the State Treasurer to the credit of the Account. All claims against the Account must be paid as other claims against the State are paid.

2. The State of Nevada is responsible for the safekeeping of all securities or other assets deposited with the State Treasurer through the Commissioner pursuant to this Code, and shall bear the costs of the depository.

NRS 682B.040

Added to NRS by 1971, 1630; A 1985, 609, 935; 1991, 1625, 1820; 1993, 572, 573, 1914

Added to NRS by 1971, 1630; A 1985, 609, 935; 1991, 1625, 1820; 1993, 572, 573, 1914