679B.142 - Orders prohibiting insurer from transacting insurance; Commissioner to deliver to Secretary of State; duty of Secretary of State upon receipt. - Nevada Statutes

679B.142  Orders prohibiting insurer from transacting insurance; Commissioner to deliver to Secretary of State; duty of Secretary of State upon receipt.

      1.  The Commissioner shall deliver to the Secretary of State a copy of an order of the Commissioner or of the district court prohibiting an insurer from transacting insurance in this state as a corporation, limited-liability company, limited partnership or limited-liability partnership.

      2.  Upon receiving the order, the Secretary of State shall nullify the charter of the corporation or limited-liability company or the certificate of the limited partnership or limited-liability partnership.

      3.  The Secretary of State shall not accept for filing a document with the same name as a corporation, limited-liability company, limited partnership or limited-liability partnership whose charter or certificate has been nullified.

      (Added to NRS by 1997, 3016)