696B.240 - Grounds for ancillary liquidation: Foreign and alien insurers. - Nevada Statutes

696B.240  Grounds for ancillary liquidation: Foreign and alien insurers.  The Commissioner may apply to the court for an order appointing the Commissioner as ancillary receiver of and directing the Commissioner to liquidate the business of a foreign or alien insurer having assets, business or claims in this state upon the appointment in the domiciliary sovereignty of such insurer of a receiver, liquidator, conservator, rehabilitator or other officer by whatever name called for the purpose of liquidating the business of the insurer.

      (Added to NRS by 1971, 1889)