Statutes, codes, and regulations
Nevada Revised Statutes
Title 57 - INSURANCEChapter 693A - CORPORATE POWERS AND PROCEDURES OF DOMESTIC STOCK AND MUTUAL INSURERS
GENERAL PROVISIONS
Section 693A.280 - Impairment of capital, surplus or assets: Violation of restrictions or requirements; penalty

Nev. Rev. Stat. § 693A.280

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Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 693A.280 - Impairment of capital, surplus or assets: Violation of restrictions or requirements; penalty

If, while any such deficiency exists any officer, director, representative or employee of the insurer knowingly violates or fails to comply with any restriction or requirement placed upon the insurer and its operation by the Commissioner pursuant to NRS 693A.260, he or she shall be punished by a fine of not less than $500 nor more than $5,000 for each offense.

NRS 693A.280

Added to NRS by 1971, 1809
Added to NRS by 1971, 1809