reglab/housing_qa huggingface dataset:
NV Rev Stat § 686C.038 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.038 - Applicability of chapter to riders for long-term care. [Effective January 1, 2020.]

For the purposes of this chapter, benefits provided pursuant to a rider for long-term care to a life insurance policy or annuity contract shall be deemed the same type of benefits provided in the life insurance policy or annuity contract to which the rider applies.  (Added to NRS by 2019, 1084, effective January 1, 2020)
NV Rev Stat § 686C.048 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.048 - "Annuity" defined.

Annuity includes an agreement for allocated funding, a structured settlement annuity and an immediate or deferred annuity.  (Added to NRS by 2001, 1026)
NV Rev Stat § 686C.050 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.050 - "Association" defined.

Association means the Nevada Life and Health Insurance Guaranty Association.  (Added to NRS by 1973, 303)
NV Rev Stat § 686C.055 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.055 - "Authorized assessment" defined.

Authorized assessment or "authorized" as used in the context of assessments means or describes an assessment authorized by a resolution of the Board of Directors of the Association to be imposed immediately or later on member insurers in a specified amount.  (Added to NRS by 2001, 1026)
NV Rev Stat § 686C.061 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.061 - "Benefit plan" defined.

Benefit plan means a benefit plan for a specific employee, union or association of natural persons.  (Added to NRS by 2001, 1026)
NV Rev Stat § 686C.065 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.065 - "Called assessment" defined.

Called assessment or "called" as used in the context of assessments means or describes an authorized assessment required by a notice mailed by the Association to member insurers to be paid within the time set forth in the notice.  (Added to NRS by 2001, 1026)
NV Rev Stat § 686C.070 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.070 - "Contractual obligation" defined.

Contractual obligation means any obligation under a policy or contract or a certificate under a group policy or contract, or portion thereof, for which coverage is provided under NRS 686C.030.  (Added to NRS by 1973, 303; A 1989, 565; 1991, 870; 2001, 1033)
NV Rev Stat § 686C.080 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.080 - "Covered policy" defined. [Effective through December 31, 2019.]

Covered policy means any policy or contract included within the scope of this chapter, as expressed in NRS 686C.030 and 686C.035.  (Added to NRS by 1973, 303; A 1991, 870)
NV Rev Stat § 686C.080 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.080 - "Covered policy or contract" defined. [Effective January 1, 2020.]

Covered policy or contract means any policy or contract included within the scope of this chapter, as expressed in NRS 686C.030 and 686C.035.  (Added to NRS by 1973, 303; A 1991, 870; 2019, 1087, effective January 1, 2020)
NV Rev Stat § 686C.084 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.084 - "Extra-contractual claim" defined.

Extra-contractual claim includes a claim relating to bad faith in the payment of claims and a claim for punitive or exemplary damages or for costs and attorney’s fees.  (Added to NRS by 2001, 1026)
NV Rev Stat § 686C.087 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.087 - "Health maintenance organization" defined. [Effective January 1, 2020.]

Health maintenance organization has the meaning ascribed to it in NRS 695C.030.  (Added to NRS by 2019, 1084, effective January 1, 2020)
NV Rev Stat § 686C.090 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.090 - "Impaired insurer" defined.

Impaired insurer means a member insurer which is not an insolvent insurer and is placed under an order of rehabilitation or conservation by a court of competent jurisdiction.  (Added to NRS by 1973, 303; A 1991, 870; 2001, 1033; 2015, 3475)
NV Rev Stat § 686C.095 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.095 - "Insolvent insurer" defined.

Insolvent insurer means a member insurer which is ordered to liquidate by a court of competent jurisdiction after a finding of insolvency.  (Added to NRS by 1991, 863; A 2015, 3475)
NV Rev Stat § 686C.100 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.100 - "Member insurer" defined. [Effective through December 31, 2019.]

Member insurer means an insurer which is licensed or holds a certificate of authority to transact in this state any kind of insurance for which coverage is provided in this chapter and includes an insurer whose license or certificate of authority in this state has been suspended, revoked, not renewed or voluntarily withdrawn. The term does not include:  1. A hospital or medical organization, whether or not for profit;  2. A health maintenance organization;  3. A fraternal benefit society;  4. A mandatory state pooling plan;  5. A mutual assessment company or other person that operates on the basis of assessments;  6. An insurance exchange;  7. An organization that is authorized only to issue charitable gift annuities under NRS 688A.281 to 688A.285, inclusive; or  8. An organization similar to any of those listed in subsections 1 to 7, inclusive.  (Added to NRS by 1973, 303; A 1991, 870; 2001, 1033)
NV Rev Stat § 686C.100 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.100 - "Member insurer" defined. [Effective January 1, 2020.]

Member insurer means an insurer which is licensed or holds a certificate of authority to transact in this state any kind of insurance for which coverage is provided in this chapter or a health maintenance organization which holds a certificate of authority to operate in this State. The term includes an insurer or health maintenance organization whose license or certificate of authority in this state has been suspended, revoked, not renewed or voluntarily withdrawn. The term does not include:  1. A fraternal benefit society;  2. A mandatory state pooling plan;  3. A mutual assessment company or other person that operates on the basis of assessments;  4. An insurance exchange;  5. An organization that is authorized only to issue charitable gift annuities under NRS 688A.281 to 688A.285, inclusive;  6. A reinsurance program operated by the State Government; or  7. An organization similar to any of those listed in subsections 1 to 6, inclusive.  (Added to NRS by 1973, 303; A 1991, 870; 2001, 1033; 2019, 1087, effective January 1, 2020)
NV Rev Stat § 686C.104 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.104 - "Owner" defined.

Owner of a policy or contract means the person who is identified as the legal owner under the terms of the policy or contract or who is otherwise vested with legal title to the policy or contract through a valid assignment completed in accordance with the terms of the policy or contract and properly recorded as the owner on the books of the issuer.  (Added to NRS by 2001, 1026)
NV Rev Stat § 686C.108 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.108 - "Person" defined.

Person includes a government, governmental agency or political subdivision of a government.  (Added to NRS by 2001, 1026)
NV Rev Stat § 686C.110 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.110 - "Premiums" defined.

Premiums means amounts received in any calendar year on covered policies or contracts less premiums, considerations and deposits returned thereon, and less dividends and credits for experience thereon. The term does not include:  1. Any amounts received for policies or contracts or for the portions of policies or contracts for which coverage is not provided under NRS 686C.030 except that the assessable premium is not reduced on account of paragraph (c) of subsection 1 of NRS 686C.035 relating to limitations on interest and subsection 2 or paragraph (b) of subsection 1 of NRS 686C.210 relating to limitations with respect to any one life.  2. Premiums for an unallocated annuity contract, except those issued in accordance with the provisions of a governmental retirement plan, established under section 401, 403(b) or 457 of the Internal Revenue Code, 26 U.S.C. §§ 401, 403(b) and 457, respectively, or the trustees of such a plan.  3. Premiums that exceed $5,000,000 for several nongroup policies of life insurance owned by one owner, regardless of:  (a) Whether the owner is a natural person, firm, corporation or other person;  (b) Whether any person insured under the policies is an officer, manager, employee or other person; or  (c) The number of policies or contracts held by the owner.  (Added to NRS by 1973, 303; A 1991, 870; 2001, 1033; 2015, 3475)
NV Rev Stat § 686C.115 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.115 - "Principal place of business" defined.

  1. "Principal place of business" of an organization means the single state in which the natural persons who establish policy for the direction, control and coordination of the operations of the organization as a whole primarily perform that function, determined by the Association in its reasonable judgment by considering:  (a) The state in which the primary executive and administrative headquarters of the organization is located;  (b) The state in which the principal office of the chief executive officer of the organization is located;  (c) The state in which the board of directors, or similar governing authority, of the organization conducts the majority of its meetings;  (d) The state in which the executive or managerial committee of the board of directors, or similar governing authority, of the organization conducts the majority of its meetings; and  (e) The state from which the management of the overall operations of the organization is directed.  2. "Principal place of business" of the sponsor of a benefit plan means the principal place of business of the association, committee, joint board of trustees or similar group of representatives of the parties who establish or maintain the plan or, if that cannot be ascertained, of the employer or the employee organization that has the largest investment in the plan, except that in either case if more than half of the participants of the plan are employed in one state, it means that state. In the case of a benefit plan sponsored by affiliated companies comprising a consolidated corporation, it means the state in which the holding company or controlling affiliate has its principal place of business as determined by using the factors set forth in subsection 1.  (Added to NRS by 2001, 1026)
NV Rev Stat § 686C.120 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.120 - "Resident" defined. [Effective through December 31, 2019.]

Resident means any person to whom a contractual obligation is owed and who resides in this state on the date of entry of a court order that determines a member insurer to be impaired or insolvent. A person may be a resident of but one state, which in the case of a person other than a natural person is its principal place of business. A citizen of the United States who is a resident of a foreign country or of a territory or insular possession subject to the jurisdiction of the United States which does not have an association similar to the Association created by this chapter shall be deemed to be a resident of the state of domicile of the insurer that issued the policy or contract.  (Added to NRS by 1973, 303; A 1991, 871; 2001, 1034; 2015, 3475)
NV Rev Stat § 686C.120 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.120 - "Resident" defined. [Effective January 1, 2020.]

Resident means any person to whom a contractual obligation is owed and who resides in this state on the date of entry of a court order that determines a member insurer to be impaired or insolvent. A person may be a resident of but one state, which in the case of a person other than a natural person is its principal place of business. A citizen of the United States who is a resident of a foreign country or of a territory or insular possession subject to the jurisdiction of the United States which does not have an association similar to the Association created by this chapter shall be deemed to be a resident of the state of domicile of the member insurer that issued the policy or contract.  (Added to NRS by 1973, 303; A 1991, 871; 2001, 1034; 2015, 3475; 2019, 1087, effective January 1, 2020)
NV Rev Stat § 686C.123 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.123 - "State" defined.

State means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands or any territory or insular possession subject to the jurisdiction of the United States.  (Added to NRS by 2001, 1027)
NV Rev Stat § 686C.124 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.124 - "Structured settlement annuity" defined.

Structured settlement annuity means an annuity purchased to fund periodic payments to a plaintiff or other claimant in payment for or with respect to personal injury suffered by the plaintiff or other claimant.  (Added to NRS by 2001, 1027)
NV Rev Stat § 686C.125 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.125 - "Supplemental contract" defined. [Effective through December 31, 2019.]

Supplemental contract means a written agreement for the distribution of proceeds from a life or health insurance policy or an annuity.  (Added to NRS by 1991, 864; A 2001, 1034)
NV Rev Stat § 686C.125 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.125 - "Supplemental contract" defined. [Effective January 1, 2020.]

Supplemental contract means a written agreement for the distribution of proceeds from a life or health insurance policy or contract or an annuity.  (Added to NRS by 1991, 864; A 2001, 1034; 2019, 1087, effective January 1, 2020)
NV Rev Stat § 686C.127 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.127 - "Unallocated annuity contract" defined.

Unallocated annuity contract means an annuity contract or group annuity certificate which is not issued to and owned by a natural person except to the extent such an annuity contract or group annuity certificate is guaranteed to a natural person by an insurer under such contract or certificate.  (Added to NRS by 2011, 3368)
NV Rev Stat § 686C.128 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.128 - Document describing general purposes and current limitations of chapter: Preparation; distribution and revision; disclaimer. [Effective through December 31, 2019.]

  1. The Association shall prepare, and submit to the Commissioner for approval, a summary document describing the general purposes and current limitations of this chapter. After the expiration of 60 days after the approval of the summary document by the Commissioner, an insurer may not deliver a policy or contract to the owner of the policy or contract unless the summary document is delivered to the owner at the time of delivery of the policy or contract. The document must also be available upon request by the owner of a policy. The distribution, delivery, contents or interpretation of this document does not guarantee that the policy or the contract or its owner is covered in the event of the impairment or insolvency of a member insurer. The descriptive document must be revised by the Association as amendments to this chapter may require. Failure to receive this document does not give the owner of a policy or contract, or an insured, any greater rights than those stated in this chapter.  2. The document prepared pursuant to subsection 1 must contain a clear and conspicuous disclaimer on its face. The Commissioner shall establish the form and content of the disclaimer. The disclaimer must:  (a) State the name and address of the Association and of the Division;  (b) Prominently warn the owner of the policy or contract that the Association may not cover the policy or, if coverage is available, it will be subject to substantial limitations and exclusions and conditioned on continued residence in this State;  (c) State the types of policies for which guaranty funds will provide coverage;  (d) State that the insurer and its agents are prohibited by law from using the existence of the Association for the purpose of sales, solicitation or inducement to purchase any form of insurance;  (e) State that the owner of a policy or contract should not rely on coverage under the Association when selecting an insurer;  (f) Explain the rights and procedures for filing a complaint to allege a violation of any provision of this chapter; and  (g) Provide other information as directed by the Commissioner, including sources of information about the financial condition of insurers, if the information is not proprietary and is subject to disclosure under the law of the state in which the insurer is domiciled.  3. A member insurer shall retain evidence of compliance with subsection 1 while the policy or contract for which the notice is given remains in effect.  (Added to NRS by 1991, 868; A 2001, 1034)
NV Rev Stat § 686C.130 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.130 - Creation; membership; operation; accounts; supervision by Commissioner. [Effective through December 31, 2019.]

  1. There is hereby created a nonprofit legal entity to be known as the Nevada Life and Health Insurance Guaranty Association. All member insurers shall be and remain members of the Association as a condition of their authority to transact insurance in this state. The Association shall perform its functions under the plan of operation established and approved pursuant to NRS 686C.290 and shall exercise its powers through a Board of Directors established pursuant to NRS 686C.140.  2. For purposes of administration and assessment, the Association shall maintain two accounts:  (a) The Account for Health Insurance; and  (b) The Account for Life Insurance and Annuities, which consists of:  (1) The Subaccount for Life Insurance; and  (2) The Subaccount for Annuities, including annuities owned by a governmental retirement plan, or its trustees, established under section 401, 403(b) or 457 of the Internal Revenue Code, 26 U.S.C. §§ 401, 403(b) and 457.  3. The Association is under the immediate supervision of the Commissioner and is subject to the applicable provisions of the Nevada Insurance Code. Meetings or records of the Association may be opened to the public by majority vote of the Board of Directors.  (Added to NRS by 1973, 303; A 1991, 871; 2001, 1035)
NV Rev Stat § 686C.130 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.130 - Creation of Association; membership; operation; accounts; supervision by Commissioner. [Effective January 1, 2020.]

  1. There is hereby created a nonprofit legal entity to be known as the Nevada Life and Health Insurance Guaranty Association. All member insurers shall be and remain members of the Association as a condition of their authority to transact insurance or operate a health maintenance organization, as applicable, in this state. The Association shall perform its functions under the plan of operation established and approved pursuant to NRS 686C.290 and shall exercise its powers through a Board of Directors established pursuant to NRS 686C.140.  2. For purposes of administration and assessment, the Association shall maintain two accounts:  (a) The Health Account; and  (b) The Life and Annuity Account, which consists of:  (1) The Subaccount for Life Insurance; and  (2) The Subaccount for Annuities, including annuities owned by a governmental retirement plan, or its trustees, established under section 401, 403(b) or 457 of the Internal Revenue Code, 26 U.S.C. §§ 401, 403(b) and 457.  3. The Association is under the immediate supervision of the Commissioner and is subject to the applicable provisions of the Nevada Insurance Code. Meetings or records of the Association may be opened to the public by majority vote of the Board of Directors.  (Added to NRS by 1973, 303; A 1991, 871; 2001, 1035; 2019, 1088, effective January 1, 2020)
NV Rev Stat § 686C.140 (2021)
2021 Nevada Revised Statutes|Chapter 686C - Nevada Life and Health Insurance Guaranty Association|NRS 686C.140 - Board of Directors. [Effective through December 31, 2019.]

  1. The Board of Directors of the Association consists of not less than five nor more than nine members, serving terms as established in the plan of operation.  2. The members of the Board who represent insurers must be selected by member insurers subject to the approval of the Commissioner. If practicable, one of the members of the Board must be an officer of a domestic insurer.  3. Two public representatives must be appointed to the Board by the Commissioner. A public representative may not be an officer, director or employee of an insurer or engaged in the business of insurance.  4. Vacancies on the Board must be filled for the remaining period of the term by majority vote of the members of the Board, subject to the approval of the Commissioner, for members who represent insurers, and by the Commissioner for public representatives.  5. To select the initial Board of Directors, and initially organize the Association, the Commissioner shall give notice to all member insurers of the time and place of the organizational meeting. In determining voting rights at the organizational meeting, each member insurer is entitled to one vote in person or by proxy. If the Board of Directors is not selected within 60 days after notice of the organizational meeting, the Commissioner may appoint the initial members to represent insurers in addition to the public representatives.  6. In approving selections or in appointing members to the Board, the Commissioner shall consider, among other things, whether all member insurers are fairly represented.  7. Members of the Board may be reimbursed from the assets of the Association for expenses incurred by them as members of the Board of Directors, but members of the Board may not otherwise be compensated by the Association for their services.  (Added to NRS by 1973, 303; A 2001, 1035; 2003, 2805)