Title 57

NRS 694C.386 Alien captive insurer: Issuance of certificate related to branch operations; registration. An alien captive insurer licensed as a branch captive insurer shall petition the Commissioner to issue a certificate setting forth the finding of the Commissioner that, after c…

NRS 694C.388 Alien captive insurer: Reports and statements. Before June 30 of each year or, if approved by the Commissioner, not more than 60 days after the expiration of the fiscal year of the branch captive insurer, the branch captive insurer shall file with the Commissioner a …

NRS 694C.389 State-chartered risk retention group: Compliance with laws and requirements applicable to liability insurers. A state-chartered risk retention group must comply with all of the laws, regulations and requirements applicable to liability insurers in this State, unless …

NRS 694C.390 State-chartered risk retention group: Required filings. 1. In addition to the information required pursuant to NRS 694C.210, a state-chartered risk retention group must submit to the Commissioner in summary form: (a) The identities of: (1) All members of the group; (…

NRS 694C.392 State-chartered risk retention group: Board of directors; material service provider contracts; audit committee; written policies, governance standards and code of business conduct; duty to notify domestic regulator of material noncompliance. 1. The board of directors…

NRS 694C.400 Submission of annual report of financial condition, audit and financial statement to Commissioner; regulations designating form; alternative date to file annual report; penalties for failing to comply or making false statement. 1. On or before June 30 of each year, a…

NRS 694C.410 Examinations: Conducted by Commissioner; frequency; Commissioner authorized to obtain professional services; cost. 1. Except as otherwise provided in this section, at least once every 3 years, and at such other times as the Commissioner determines necessary, the Comm…

NRS 694C.415 Examinations: Branch captive insurer; alien captive insurer. 1. The examination of a branch captive insurer pursuant to NRS 694C.410 must be of branch business and branch operations only, so long as the branch captive insurer provides to the Commissioner on an annual…

NRS 694C.450 Taxes on premiums: Imposition; deposit; nonrefundable credit. 1. Except as otherwise provided in this section, a captive insurer shall pay to the Division, not later than March 1 of each year, a tax at the rate of: (a) Two-fifths of 1 percent on the first $20,000,000…

NRS 694C.455 Tax on premiums: Applicable only to branch business of branch captive insurer. The tax required pursuant to NRS 694C.450 applies only to the branch business of the branch captive insurer. (Added to NRS by 2005, 2151)

NRS 694C.460 Fees and assessments received by the Commissioner to be credited to the Fund for Insurance Administration and Enforcement. Except as otherwise provided in NRS 694C.450, all fees and assessments received by the Commissioner or Division pursuant to this chapter must be…