680A.175 - Transfer of insurer’s domicile: Termination of status as domestic insurer; qualification as foreign insurer. - Nevada Statutes

680A.175  Transfer of insurer’s domicile: Termination of status as domestic insurer; qualification as foreign insurer.

      1.  If a domestic insurer transfers its domicile to another state, it ceases to be a domestic insurer.

      2.  The Commissioner shall issue to such an insurer a certificate of authority to transact insurance as a foreign insurer if:

      (a) The insurer qualifies as a foreign insurer; and

      (b) Such certification is in the best interest of the policyholders of this state.

      (Added to NRS by 1983, 683)