Nev. Admin. Code § 693A.010 - Application of provisions
The provisions of NAC 693A.010 to 693A.560, inclusive, apply to each domestic stock insurer which has any class of equity security held of record by 100 or more persons, except:
1. If 95 percent or more of the equity
securities of the insurer are owned or controlled by a parent or an affiliated
insurer, and the remaining securities are held of record by fewer than 500
persons.
2. A domestic stock
insurer which files with the United States Securities and Exchange Commission
forms of proxies, consents and authorizations which comply with the
requirements to the Securities Exchange Act of 1934 as amended, (
15 U.S.C.
§§
77 a, et seq.), and applicable
regulations, is exempt from the provisions of NAC 693A.010 to 693A.560,
inclusive, with respect to any class of securities subject to the jurisdiction
of the Securities and Exchange Commission.
Notes
NRS 679B.130, 693A.080
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.