Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 82.071 - Limitations on eligibility to organize under chapter1. An insurance company may be organized under this chapter, but such a corporation may not: (a) Transact any such business within this State until it has first complied with all laws concerning or affecting the right to engage in such business; or(b) Infringe on the laws of any other state or country in which it may intend to engage in business, by so organizing under this chapter.2. No stock fire insurance company, surety company, express company, trust company, stock savings and loan association or savings bank or corporation organized for the purpose of conducting a banking business may be organized under this chapter.Added to NRS by 1991, 1258; A 2013, 1274Amended by 2013, Ch. 281,§8, eff. 10/1/2013.Added to NRS by 1991, 1258