Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 696C.160 - Regulations; employment of staff by Commissioner; payment by insurer of costs of such staff and administrative supervisor 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; and3. 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.Added to NRS by 2017, 2331Added by 2017, Ch. 376,§12, eff. 7/1/2017.