reglab/housing_qa huggingface dataset:
NV Rev Stat § 682B.120 (2021)
2021 Nevada Revised Statutes|Chapter 682B - Deposits|NRS 682B.120 - Duration and release of deposit.

  1. Every deposit made in this state by an insurer pursuant to this Code shall be held as long as there is outstanding any liability of the insurer as to which the deposit was so required; or, if the deposit is required under NRS 680A.330 (retaliatory provision), the deposit shall be held for so long as the basis of such retaliation exists.  2. If the insurer has reinsured all its outstanding risks in another insurer or insurers, the Commissioner may deliver to such assuming insurer or its assigns, after the expiration of 1 year from the effective date of such reinsurance, any assets or securities deposited with the Commissioner under this Code by the ceding insurer upon proof satisfactory to the Commissioner that:  (a) The assuming insurer has assumed and agreed to discharge all liabilities of every kind due and to become due which the deposit was to secure; and  (b) The assuming insurer has on deposit in this state, or with public authority in another state, securities of quality, amount and value not less than the deposit required of the ceding insurer under this Code and which will reasonably subsist for the security of the obligations of the ceding insurer so assumed.  3. If the insurer is subject to delinquency proceedings as defined in NRS 696B.060, upon the order of a court of competent jurisdiction the Commissioner shall yield the insurer’s assets held on deposit to the receiver, conservator, rehabilitator or liquidator of the insurer, or to any other properly designated officer or officers who succeed to the management and control of the insurer’s assets.  (Added to NRS by 1971, 1632)
NV Rev Stat § 682B.130 (2021)
2021 Nevada Revised Statutes|Chapter 682B - Deposits|NRS 682B.130 - Deposit of assets in trust.

  1. An alien insurer may use Nevada as a state of entry to transact insurance in the United States of America by making and maintaining in this state a deposit of assets in trust with a bank, credit union or trust company approved by the Commissioner.  2. The deposit, together with other trust deposits of the insurer held in the United States of America for the same purpose, must be in an amount not less than as required of an alien insurer under NRS 680A.140, deposit requirement in general, and must consist of United States money, public obligations of the government or states or political subdivisions of the United States of America, and obligations of corporations and institutions in the United States of America, all as eligible for the investment of money of domestic insurers under NRS 682A.400 to 682A.468, inclusive.  3. Such a deposit may be referred to as "trusteed assets."  (Added to NRS by 1971, 1633; A 1999, 1549; 2015, 3464)
NV Rev Stat § 682B.140 (2021)
2021 Nevada Revised Statutes|Chapter 682B - Deposits|NRS 682B.140 - Purpose and duration.

The deposit provided for in NRS 682B.130 shall be for the benefit, security and protection of the policyholders, or policyholders and creditors, of the insurer in the United States of America, and shall be maintained as long as there is outstanding in the United States of America any liability of the insurer arising out of its insurance transactions therein.  (Added to NRS by 1971, 1633)
NV Rev Stat § 682B.150 (2021)
2021 Nevada Revised Statutes|Chapter 682B - Deposits|NRS 682B.150 - Trust agreement: Approval.

  1. The deposit referred to in NRS 682B.130 shall be made and maintained under a written trust agreement between the insurer and the trustee, consistent with the requirements of NRS 682B.130 to 682B.250, inclusive, and shall be authenticated in such form and manner as the Commissioner may designate or approve.  2. The agreement shall not be effective until filed with and approved by the Commissioner in writing. The Commissioner shall not approve any trust agreement found by the Commissioner not to be in compliance with law, or the terms of which do not in fact provide reasonably adequate protection for the insurer’s policyholders or policyholders and creditors in the United States of America.  (Added to NRS by 1971, 1633)
NV Rev Stat § 682B.160 (2021)
2021 Nevada Revised Statutes|Chapter 682B - Deposits|NRS 682B.160 - Trust agreement: Amendment.

A trust agreement may be amended, but the amendment shall not be effective until filed with and approved in writing by the Commissioner as being in compliance with NRS 682B.130 to 682B.250, inclusive.  (Added to NRS by 1971, 1633)
NV Rev Stat § 682B.170 (2021)
2021 Nevada Revised Statutes|Chapter 682B - Deposits|NRS 682B.170 - Withdrawal of approval.

The Commissioner may withdraw approval of any trust agreement or of any amendment thereof if the Commissioner finds upon hearing, after notice thereof to the insurer and the trustee, that the requisites for such approval, as provided in NRS 682B.130 to 682B.250, inclusive, have been found by the Commissioner not to exist or no longer to exist.  (Added to NRS by 1971, 1634)
NV Rev Stat § 682B.180 (2021)
2021 Nevada Revised Statutes|Chapter 682B - Deposits|NRS 682B.180 - Title to assets.

Title to the trusteed assets is vested in the trustee and its successors for the purposes of the trust deposit, and the trust agreement shall so provide.  (Added to NRS by 1971, 1634)
NV Rev Stat § 682B.190 (2021)
2021 Nevada Revised Statutes|Chapter 682B - Deposits|NRS 682B.190 - Assets kept separate.

The trustee shall keep the trusteed assets separate from other assets and shall maintain a record thereof sufficient to identify trusteed assets at all times.  (Added to NRS by 1971, 1634)
NV Rev Stat § 682B.200 (2021)
2021 Nevada Revised Statutes|Chapter 682B - Deposits|NRS 682B.200 - Statement of trustee.

  1. The trustee of trusteed assets shall from time to time file with the Commissioner statements, in such forms as the Commissioner may designate and request in writing, certifying the character of such assets and the amounts and market value thereof.  2. If the trustee fails to file the statement within a reasonable time after request therefor by the Commissioner, the Commissioner may suspend or revoke the certificate of authority of the insurer.  (Added to NRS by 1971, 1634)
NV Rev Stat § 682B.210 (2021)
2021 Nevada Revised Statutes|Chapter 682B - Deposits|NRS 682B.210 - Examination of assets.

The Commissioner may examine trusteed assets at any time in accordance with the same conditions and procedures as govern examination of insurers in general under this Code.  (Added to NRS by 1971, 1634)
NV Rev Stat § 682B.220 (2021)
2021 Nevada Revised Statutes|Chapter 682B - Deposits|NRS 682B.220 - Withdrawal of assets.

  1. The trust agreement shall provide, in substance, that no withdrawal of trusteed assets shall be made by the insurer or permitted by the trustee without the written authorization or approval of the Commissioner in advance thereof, except as follows:  (a) Any or all income, earnings, dividends or interest accumulations of the trusteed assets may be paid over to the United States manager of the insurer upon request of the insurer or the manager.  (b) For substitution, coincidentally with such withdrawal, of other securities or assets of value at least equal in amount to those being withdrawn, if:  (1) Such substituted securities or assets are likewise such as are eligible for deposit under NRS 682B.130;  (2) Such withdrawal is requested in writing by the insurer’s United States manager pursuant to general or specific written authority previously given or delegated by the insurer’s board of directors or other similar governing body; and  (3) A certified copy of such authority has been filed with the trustee.  (c) For the purpose of making deposits required by law in any state in which the insurer is or thereafter becomes an authorized insurer, for the protection of the insurer’s policyholders or policyholders and creditors in such state or in the United States of America, if such withdrawal does not reduce the insurer’s deposit in this state to an amount less than the minimum deposit required under NRS 680A.140. The trustee shall transfer any assets so withdrawn and in the amount so required to be deposited in the other state directly to the depositary required to receive the deposit in the other state, as certified in writing by the public officer having supervision of insurance in the other state.  (d) For the purpose of transferring the trusteed assets to an official conservator, rehabilitator or liquidator pursuant to the order of a court of competent jurisdiction.  2. The Commissioner shall so authorize or approve withdrawal of only such assets as are in excess of the amount of assets required to be so held in trust under NRS 680A.140, or as may otherwise be consistent with the provisions of NRS 682B.130 to 682B.250, inclusive.  3. If at any time the insurer becomes insolvent, or if its assets held in the United States of America are less in amount than the sum of its liabilities in the United States of America arising from its insurance transactions therein and the amount of the required deposit, upon determination thereof the Commissioner shall in writing order the trustee to suspend the right of the insurer or any other person to withdraw assets as authorized under paragraphs (a), (b) and (c) of subsection 1, and the trustee shall comply with such order until further order of the Commissioner.  (Added to NRS by 1971, 1634)
NV Rev Stat § 682B.230 (2021)
2021 Nevada Revised Statutes|Chapter 682B - Deposits|NRS 682B.230 - Substitution of trustee.

A new trustee or new trustees may be substituted for the original trustee of trusteed assets for any proper cause. Any such substitution shall be subject to the Commissioner’s approval.  (Added to NRS by 1971, 1635)
NV Rev Stat § 682B.240 (2021)
2021 Nevada Revised Statutes|Chapter 682B - Deposits|NRS 682B.240 - Mexican and Canadian insurers.

The provisions of NRS 682B.130 to 682B.250, inclusive, applicable to a United States manager shall, in the case of insurers domiciled in Mexico or Canada, be deemed to refer to the president, vice president, secretary, treasurer or other comparable officer of the insurer.  (Added to NRS by 1971, 1635)
NV Rev Stat § 682B.250 (2021)
2021 Nevada Revised Statutes|Chapter 682B - Deposits|NRS 682B.250 - Other provisions applicable.

NRS 682B.070 (appraisal) and 682B.100 (levy upon deposit) shall also apply to trusteed assets of an alien insurer.  (Added to NRS by 1971, 1635)
NV Rev Stat § 683A.020 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.020 - Definitions.

As used in this Code, unless the context otherwise requires, the words and terms defined in NRS 683A.025 to 683A.078, inclusive, have the meanings ascribed to them in those sections.  (Added to NRS by 1971, 1636; A 1977, 733; 2001, 2201)
NV Rev Stat § 683A.031 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.031 - "Business organization" defined.

Business organization means a corporation, association, partnership, limited-liability company, limited-liability partnership or other legal form of organization.  (Added to NRS by 2001, 2191)
NV Rev Stat § 683A.041 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.041 - "Home state" defined.

Home state means the District of Columbia or any state or territory of the United States or Canada in which a producer of insurance maintains his or her principal place of residence or principal place of business and is licensed to act as a producer of insurance.  (Added to NRS by 2001, 2191)
NV Rev Stat § 683A.051 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.051 - "License" defined.

License means a document issued by the Commissioner authorizing a person to act as a producer of insurance for the lines of authority specified in the document.  (Added to NRS by 2001, 2191)
NV Rev Stat § 683A.060 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.060 - "Managing general agent" defined.

  1. A "managing general agent" is a person who:  (a) Negotiates and binds ceding reinsurance contracts on behalf of an insurer or manages all or part of the insurance business of an insurer, including the management of a separate division, department or underwriting office; and  (b) Acts as an agent for the insurer and with or without the authority, either separately or together with affiliates:  (1) Produces, directly or indirectly, and underwrites an amount of gross direct written premiums equal to or more than 5 percent of the policyholder surplus as reported in the last annual statement of the insurer in any one quarter or year; and  (2) Adjusts or pays claims in excess of an amount determined by the Commissioner or negotiates reinsurance on behalf of the insurer.  2. A managing general agent includes a person with authority to appoint and to terminate the appointment of an agent for an insurer.  3. For the purposes of this chapter, the following are not managing general agents:  (a) An employee of the insurer;  (b) A manager of the United States branch of an alien insurer;  (c) An attorney authorized by and acting for the subscribers of a reciprocal insurer or interinsurance exchange; and  (d) An underwriting manager who, pursuant to a contract, manages all or part of the insurance operations of the insurer, is under common control with the insurer, is subject to the provisions of chapter 692C of NRS and whose compensation is not based on the volume of premiums written or the profit of the business written.  (Added to NRS by 1971, 1637; A 1991, 2030; 2001, 2202; 2017, 2336)
NV Rev Stat § 683A.065 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.065 - "Negotiate" defined.

Negotiate means to confer directly with, or offer advice directly to, a purchaser or prospective purchaser of a particular contract of insurance concerning any of the substantive benefits, terms or conditions of the contract, if the person conferring or offering the advice sells insurance or obtains insurance from insurers or purchasers.  (Added to NRS by 2001, 2191)
NV Rev Stat § 683A.072 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.072 - "Sell" defined.

Sell means to exchange a contract of insurance, by any means, for money or its equivalent on behalf of an insurer.  (Added to NRS by 2001, 2191)
NV Rev Stat § 683A.074 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.074 - "Solicit" defined.

Solicit means to attempt to sell insurance or to ask or urge a person to apply for a particular kind of insurance from a particular insurer.  (Added to NRS by 2001, 2191)
NV Rev Stat § 683A.076 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.076 - "Terminate" defined.

Terminate means to cancel the relationship between a producer of insurance and the insurer or to terminate a producer’s authority to transact insurance.  (Added to NRS by 2001, 2191)
NV Rev Stat § 683A.078 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.078 - "Uniform application" defined.

Uniform application means the uniform application for licensing of producers of insurance prepared by the National Association of Insurance Commissioners and adopted by the Commissioner.  (Added to NRS by 2001, 2191)
NV Rev Stat § 683A.0805 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.0805 - Definitions.

As used in NRS 683A.0805 to 683A.0893, inclusive, unless the context otherwise requires, the words and terms defined in NRS 683A.081 to 683A.084, inclusive, have the meanings ascribed to them in those sections.  (Added to NRS by 1999, 2789; A 2007, 3318)
NV Rev Stat § 683A.081 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.081 - "Affiliate" defined.

Affiliate has the meaning ascribed to it in NRS 692C.030.  (Added to NRS by 1999, 2789)
NV Rev Stat § 683A.082 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.082 - "Control" defined.

Control has the meaning ascribed to it in NRS 692C.050.  (Added to NRS by 1999, 2789)
NV Rev Stat § 683A.083 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.083 - "Insurer" defined.

Insurer includes, without limitation:  1. An insurance company licensed pursuant to the provisions of this Code;  2. A prepaid limited health service organization that has been issued a certificate of authority pursuant to chapter 695F of NRS;  3. A health maintenance organization that has been issued a certificate of authority pursuant to chapter 695C of NRS;  4. A multiple employer welfare arrangement as defined in 29 U.S.C. § 1002;  5. An employer for whom a program of self-insurance is administered by an administrator; and  6. An organization for dental care that has been issued a certificate of authority pursuant to chapter 695D of NRS.  (Added to NRS by 1999, 2789)
NV Rev Stat § 683A.084 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.084 - "Underwrite" defined.

Underwrite includes, without limitation:  1. Accepting applications for insurance coverage in accordance with the written rules of an insurer;  2. Planning and coordinating a program of insurance; and  3. Procuring bonds and excess insurance.  (Added to NRS by 1999, 2790)
NV Rev Stat § 683A.085 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.085 - Qualifications.

No person may act as, offer to act as or hold himself or herself out to the public as an administrator, unless:  1. The person has obtained a certificate of registration as an administrator from the Commissioner pursuant to NRS 683A.08524;  2. If the person is an individual and adjusts workers’ compensation claims in this State, the person is licensed pursuant to chapter 684A of NRS; and  3. If any employee of the person adjusts workers’ compensation claims in this State, each such employee who adjusts workers’ compensation claims in this State is licensed pursuant to chapter 684A of NRS.  (Added to NRS by 1977, 732; A 1981, 1324; 1999, 2793; 2017, 165)
NV Rev Stat § 683A.0851 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.0851 - Health maintenance organization authorized to act as administrator of program of health insurance; review of contract; exemption from licensing and bonding.

  1. A health maintenance organization licensed under chapter 695C of NRS may enter into a contract to act as an administrator of a program of health insurance.  2. Before entering into a contract pursuant to subsection 1, a health maintenance organization must file a copy of the contract with the Commissioner for approval. The Commissioner shall disapprove the contract if in his or her opinion it would have a substantial adverse effect on the financial soundness of the health maintenance organization and endanger its ability to meet its obligations. The Commissioner shall approve or disapprove the contract within 60 days after the filing.  3. A health maintenance organization that enters into a contract pursuant to this section is exempt from the provisions of this chapter relating to licensing and bonding of administrators, but is subject to all other provisions of this chapter.  (Added to NRS by 1987, 534)
NV Rev Stat § 683A.0852 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.0852 - Nonprofit corporation for hospital or medical services authorized to act as administrator of program of health insurance; notice to Commissioner; exemption from licensing and bonding.

  1. A nonprofit corporation for hospital or medical services licensed pursuant to chapter 695B of NRS may enter into a contract to act as an administrator of a program of health insurance.  2. Before entering into a contract pursuant to subsection 1, the nonprofit corporation must notify the Commissioner in writing and provide the Commissioner with a copy of the contract and a summary of the corporation’s liabilities and costs under the contract.  3. A nonprofit corporation for hospital or medical services that enters into a contract pursuant to this section is exempt from the provisions of this chapter relating to licensing and bonding of administrators, but is subject to all other provisions of this chapter.  (Added to NRS by 1987, 534)
NV Rev Stat § 683A.08524 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.08524 - Issuance of certificate of registration; grounds for refusal to issue certificate of registration; requirements if applicant seeks final approval.

  1. Except as otherwise provided in subsection 2 or 3, the Commissioner shall issue a certificate of registration as an administrator to an applicant who:  (a) Submits an application on a form prescribed by the Commissioner;  (b) Has complied with the provisions of NRS 683A.08522; and  (c) Pays the fee for the issuance of a certificate of registration prescribed in NRS 680B.010 and, in addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110.  2. The Commissioner may refuse to issue a certificate of registration as an administrator to an applicant if the Commissioner determines that the applicant or any person who has completed an affidavit pursuant to subsection 6 of NRS 683A.08522:  (a) Is not competent to act as an administrator;  (b) Is not trustworthy or financially responsible;  (c) Does not have a good personal or business reputation;  (d) Has had a license or certificate to transact insurance denied for cause, suspended or revoked in this state or any other state;  (e) Has failed to comply with any provision of this chapter; or  (f) Is financially unsound.  3. If an applicant seeks final approval by the Division of Industrial Relations of the Department of Business and Industry in accordance with regulations adopted pursuant to subsection 8 of NRS 616A.400, the Commissioner shall submit to the Division the information supplied by the applicant pursuant to subsection 1. Unless the Division provides final approval for the applicant to the Commissioner, the Commissioner shall not issue a certificate of registration as an administrator to the applicant.  (Added to NRS by 1999, 2792; A 2003, 3289; 2009, 1771, 3045; 2019, 1697)
NV Rev Stat § 683A.08526 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.08526 - Certificate of registration: Period of validity; renewal.

  1. A certificate of registration as an administrator is valid for 3 years after the date the Commissioner issues the certificate to the administrator.  2. An administrator may renew a certificate of registration if the administrator submits to the Commissioner:  (a) An application on a form prescribed by the Commissioner; and  (b) The fee for the renewal of the certificate of registration prescribed in NRS 680B.010 and, in addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110.  (Added to NRS by 1999, 2792; A 2009, 1771; 2019, 1698)