694C.160 - Applicability of other provisions.

694C.160  Applicability of other provisions.

      1.  The terms and conditions set forth in chapter 696B of NRS pertaining to insurance reorganization, receiverships and injunctions apply to captive insurers incorporated pursuant to this chapter.

      2.  An agency captive insurer, a rental captive insurer and an association captive insurer are subject to those provisions of chapter 686A of NRS which are applicable to insurers.

      (Added to NRS by 1999, 3217)