Nev. Admin. Code § 694C.100

Current through June 11, 2024
Section 694C.100 - Qualifying investigation or examination of applicant

The Commissioner may perform a qualifying investigation or examination of an applicant either before or after the applicant is issued a certificate of authority. Such an investigation or examination may consist of a general survey of the corporate records of the applicant, including:

1. The charter, bylaws and minute books of the applicant;
2. Verification of the principal place of business of the applicant;
3. A determination of the assets and liabilities of the applicant;
4. A review of the accounting systems and rules for underwriting of the applicant; and
5. A review of such other factors as the Commissioner deems necessary.

Nev. Admin. Code § 694C.100

Added to NAC by Comm'r of Insurance by R125-99, eff. 1-27-2000; A by R064-06, 9-18-2006

NRS 679B.130, 694C.170