reglab/housing_qa huggingface dataset:
NV Rev Stat § 693B.060 (2021)
2021 Nevada Revised Statutes|Chapter 693B - Continuity of Management During Emergency Resulting From Attack|NRS 693B.060 - Emergency board of directors: Powers.

The powers of an emergency board of directors shall include, but shall not be limited to, the following:  1. At any meeting to elect such acting directors as it may deem necessary, without regard to the number of directors which would otherwise be required, to serve in any positions on such board which are vacant or in place of any directors or acting directors who are absent from such meeting, but not to elect any director on a permanent basis.  2. To elect such acting officers as it may deem necessary, without regard to the number of officers which would otherwise be required, to serve in any offices which are vacant or in place of any officers or acting officers who fail to appear and assume their duties, to fix the compensation and determine the powers and duties of acting officers and to remove acting officers, but not to remove any officer or fill any vacancy on a permanent basis or to cause the organization to enter into any contract of employment for a term of over 1 year.  3. To cause the organization to change the location of its principal office, pursuant to NRS 693B.030, or any of its places of business, and to authorize such action as it may deem appropriate to acquire space and facilities at the new locations, but not to acquire for use as its principal office property in fee or for a term of over 1 year.  4. To postpone any meeting of the stockholders, policyholders, members or directors of such organization if, in the judgment of the members of such emergency board of directors, it would be impracticable to hold such meeting at the time it would otherwise have been held or conducted.  5. If it appears to an emergency board of directors that a quorum of the board cannot be assembled within a reasonable time, to call a meeting of the stockholders, policyholders or members of the organization to be held as soon as the circumstances may reasonably permit, at a place to be designated by the emergency board of directors within this state or a contiguous state, for the purpose of electing directors to fill vacancies on the board, but for no other purpose, and to propose nominees for such election. Any such meeting of stockholders, policyholders or members shall be held upon notice given in accordance with the charter of the organization and applicable law other than this chapter.  (Added to NRS by 1971, 1820)
NV Rev Stat § 693B.070 (2021)
2021 Nevada Revised Statutes|Chapter 693B - Continuity of Management During Emergency Resulting From Attack|NRS 693B.070 - Commissioner to be notified of meetings of emergency board of directors.

As soon as practicable after each meeting of an emergency board of directors, the person who presided thereat shall notify the Commissioner in writing of the time and place of such meeting, of the manner in which notice thereof was given, of the persons present, and of all actions taken at such meeting.  (Added to NRS by 1971, 1821)
NV Rev Stat § 693B.080 (2021)
2021 Nevada Revised Statutes|Chapter 693B - Continuity of Management During Emergency Resulting From Attack|NRS 693B.080 - Acting directors: Qualifications; oaths not required.

No person prohibited by law or by the charter of a domestic organization from serving as a member of its board shall be eligible to serve as an acting director except that no person shall be disqualified to serve as an acting director by reason of not being a stockholder, policyholder or member of such organization, by reason of not being a resident of this state or of a contiguous state, or by reason of the number of the directors or acting directors who are officers, acting officers or employees of the organization. Any person may serve as an acting director of a fund who is a director, acting director, officer or acting officer of an organization which is party to the agreement creating the fund. No oath of acting directors shall be required.  (Added to NRS by 1971, 1821)
NV Rev Stat § 693B.090 (2021)
2021 Nevada Revised Statutes|Chapter 693B - Continuity of Management During Emergency Resulting From Attack|NRS 693B.090 - Acting directors: Powers; compensation.

Acting directors elected pursuant to the provisions of NRS 693B.060, or appointed pursuant to the provisions of NRS 693B.110, shall be entitled to notice of and to vote at all meetings of an emergency board of directors equally with directors. Acting directors shall not be entitled to take part in the deliberations or to vote at any meeting of the board which is duly convened in accordance with the applicable provisions of its charter and of law other than this chapter, and at which a quorum is present. Each acting director shall serve until the director or acting director in whose place he or she was elected or appointed attends a meeting of the board or until a director is duly elected to fill the vacancy in which such acting director has been serving, whichever event occurs earlier. An acting director shall be entitled to the compensation, if any, payable to a director.  (Added to NRS by 1971, 1821)
NV Rev Stat § 693B.100 (2021)
2021 Nevada Revised Statutes|Chapter 693B - Continuity of Management During Emergency Resulting From Attack|NRS 693B.100 - Acting officers: Powers, duties and compensation.

Acting officers elected pursuant to NRS 693B.060 shall have such powers and duties and receive such compensation as may from time to time be determined by the board or emergency board of directors. Each acting officer shall serve until the officer in whose place he or she was elected appears and assumes his or her duties or until a successor officer or acting officer is elected, whichever event occurs earlier.  (Added to NRS by 1971, 1821)
NV Rev Stat § 693B.110 (2021)
2021 Nevada Revised Statutes|Chapter 693B - Continuity of Management During Emergency Resulting From Attack|NRS 693B.110 - Designation of acting directors by Commissioner.

If, at any time during an acute emergency, the number of directors or acting directors of a domestic organization who are capable of acting is less than three, the Commissioner may designate additional acting directors in such number as will bring to three the number of directors and acting directors who are capable of acting.  (Added to NRS by 1971, 1822)
NV Rev Stat § 693B.120 (2021)
2021 Nevada Revised Statutes|Chapter 693B - Continuity of Management During Emergency Resulting From Attack|NRS 693B.120 - Power of Commissioner to resolve controversy concerning actions of emergency board of directors.

To resolve controversy as to the power of any group of persons purporting to act as an emergency board of directors so to act, the Commissioner may, upon a determination that such action will tend to promote the safe and sound and orderly conduct of the business of any domestic organization, issue orders declaring that any such group shall or shall not have the powers of an emergency board of directors, or confirming, modifying or vacating in whole or in part any action taken or purportedly taken by any such group, or removing any acting director.  (Added to NRS by 1971, 1822)
NV Rev Stat § 693B.130 (2021)
2021 Nevada Revised Statutes|Chapter 693B - Continuity of Management During Emergency Resulting From Attack|NRS 693B.130 - Commissioner may declare certain provisions of law operative and inoperative; powers of companies, officers and directors.

  1. At any time after an attack, upon determination by the Commissioner that such action will tend to promote certainty as to the powers of organizations or individuals pursuant to this chapter, or that such action is desirable to enable organizations to take preparatory precautions prior to the occurrence of an acute emergency, the Commissioner may declare that any provision of this chapter which the Commissioner may specify shall be operative with respect to any domestic organization or to the Nevada business of any other organization which the Commissioner may designate. Upon such declaration such organization and its directors, officers, acting directors and acting officers shall have all powers conferred by such provisions of this chapter. The failure of the Commissioner so to declare shall not be deemed to limit the powers of any organization or its directors, officers, acting directors or acting officers where an acute emergency exists in fact.  2. At any time after the commencement of an acute emergency or after the Commissioner has declared any provision of this chapter operative pursuant to subsection 1, upon determination by the Commissioner that an organization is able, in whole or in part, to carry on its business in compliance with its charter and the laws other than this chapter, the Commissioner may declare that any provision of this chapter which the Commissioner may specify shall be inoperative with respect to any domestic organization or to the Nevada business of any other organization which the Commissioner may designate. Upon such declaration, such organization shall be governed by its charter and the provisions of law other than this chapter except insofar as other provisions of this chapter remain operative.  (Added to NRS by 1971, 1822)
NV Rev Stat § 693B.140 (2021)
2021 Nevada Revised Statutes|Chapter 693B - Continuity of Management During Emergency Resulting From Attack|NRS 693B.140 - Commissioner may take possession of business and property of organizations.

Upon the Commissioner’s determination that, as a result of an acute emergency, the business and affairs of an organization cannot otherwise be conducted in a safe and sound manner, the Commissioner may forthwith take possession of the business and property of the organization within this state or, if a domestic organization, its business and property wherever situated. The provisions of chapter 696B of NRS (conservation, rehabilitation, liquidation) shall be applicable in any case in which the Commissioner takes possession of an organization pursuant to this section as though the organization were an insurer of which the Commissioner had taken possession pursuant to chapter 696B of NRS (conservation, rehabilitation, liquidation), except that no such provision shall be applicable which the Commissioner has declared inapplicable pursuant to this section. The Commissioner shall have power to declare inapplicable any such provision upon determination by the Commissioner that the same is inappropriate or unnecessary to protect the interests of the public or the stockholders or creditors of the organization, in view of the acute emergency and the nature of the organization.  (Added to NRS by 1971, 1823)
NV Rev Stat § 693B.150 (2021)
2021 Nevada Revised Statutes|Chapter 693B - Continuity of Management During Emergency Resulting From Attack|NRS 693B.150 - Commissioner to exercise powers only if court not available to make necessary orders; regulations, directives and orders of Commissioner.

  1. The powers given the Commissioner by NRS 693B.120 and 693B.140 shall be exercised by the Commissioner only if there is no court of competent jurisdiction available to which an application can be made for an order permitting the Commissioner to exercise such powers with respect to a particular organization, but the powers conferred by NRS 693B.140 shall not be exercised in the case of an organization which is not insolvent within the meaning of NRS 696B.210, unless the Commissioner finds that such organization lacks personnel able to manage its business in the interests of the public, its stockholders and policyholders.  2. The Commissioner may issue general and specific regulations, directives and orders consistent with and in furtherance of the purposes of this chapter.  (Added to NRS by 1971, 1823)
NV Rev Stat § 693B.160 (2021)
2021 Nevada Revised Statutes|Chapter 693B - Continuity of Management During Emergency Resulting From Attack|NRS 693B.160 - Presumption of acute emergency; powers of board or emergency board of directors.

  1. In any action or proceeding it shall be presumed that an acute emergency existing within any city or county within the state constitutes an acute emergency affecting every organization doing business within such city or county.  2. During an acute emergency:  (a) The board of a domestic organization which has adopted emergency bylaws, approved by the Commissioner, shall have the powers conferred by such bylaws and, except as provided in subsection 1 of NRS 693B.130, shall, to the extent that such bylaws relate to the subject matter contained in NRS 693B.040 to 693B.100, inclusive, have no other or different powers with respect to such subject matter.  (b) The board of a domestic organization which has not adopted emergency bylaws, approved by the Commissioner, shall have all powers of an emergency board of directors pursuant to NRS 693B.030 to 693B.100, inclusive.  (Added to NRS by 1971, 1823)
NV Rev Stat § 693B.170 (2021)
2021 Nevada Revised Statutes|Chapter 693B - Continuity of Management During Emergency Resulting From Attack|NRS 693B.170 - Effect of chapter on organization’s power and on foreign and alien companies.

Nothing in this chapter shall be construed to limit the powers of any organization, or to permit or require any organization which is not domiciled in this state, or any branch, office or agency of such organization, or the directors, officers, policyholders or stockholders of any such organization to act, or fail to act, in such a manner as would violate the laws of the jurisdiction wherein such organization has its domicile.  (Added to NRS by 1971, 1824)
NV Rev Stat § 694A.010 (2021)
2021 Nevada Revised Statutes|Chapter 694A - Trading of Equity Securities by Insiders|NRS 694A.010 - "Equity security" defined.

The term "equity security" when used in this chapter means:  1. Any stock or similar security;  2. Any security convertible, with or without consideration, into such a security, or carrying any warrant or right to subscribe to or purchase such a security;  3. Any such warrant or right; or  4. Any other security which the Commissioner deems to be of similar nature and considers necessary or appropriate, by such rules and regulations as the Commissioner may prescribe in the public interest or for the protection of investors, to treat as an equity security.  (Added to NRS by 1971, 1824)
NV Rev Stat § 694A.020 (2021)
2021 Nevada Revised Statutes|Chapter 694A - Trading of Equity Securities by Insiders|NRS 694A.020 - Beneficial owner, director or officer required to file statements concerning equity securities with Commissioner.

Every person who is directly or indirectly the beneficial owner of more than 10 percent of any class of any equity security of a domestic stock insurer, or who is a director or an officer of such insurer, shall:  1. File in the Office of the Commissioner within 10 days after the person becomes such beneficial owner, director or officer, a statement, in such form as the Commissioner may prescribe, of the amount of all equity securities of such insurer of which the person is the beneficial owner; and  2. Within 10 days after the close of each calendar month thereafter, if there has been a change in such ownership during such month, file in the Office of the Commissioner a statement, in such form as the Commissioner may prescribe, indicating the person’s ownership at the close of the calendar month and such changes in the person’s ownership as have occurred during such calendar month.  (Added to NRS by 1971, 1824)
NV Rev Stat § 694A.030 (2021)
2021 Nevada Revised Statutes|Chapter 694A - Trading of Equity Securities by Insiders|NRS 694A.030 - Profits realized from certain transactions recoverable by insurer; actions, limitations and exceptions.

  1. For the purpose of preventing the unfair use of information which may have been obtained by such beneficial owner, director or officer by reason of his or her relationship to such insurer, any profit realized by the beneficial owner, director or officer from any purchase and sale, or any sale and purchase, of any equity security of such insurer within any period of less than 6 months, unless such security was acquired in good faith in connection with a debt previously contracted, shall inure to and be recoverable by the insurer, irrespective of any intention on the part of such beneficial owner, director or officer in entering into such transaction of holding the security purchased or of not repurchasing the security sold for a period exceeding 6 months.  2. Suit to recover such profit may be instituted at law or in equity in any court of competent jurisdiction by the insurer, or by the owner of any security of the insurer in the name and in behalf of the insurer if the insurer fails or refuses to bring such suit within 60 days after request or fails diligently to prosecute the same thereafter; but no such suit shall be brought more than 2 years after the date such profit was realized.  3. This section shall not be construed to cover any transaction where such beneficial owner was not such both at the time of the purchase and sale, or the sale and purchase, of the security involved, or any transaction or transactions which the Commissioner by rules and regulations may exempt as not comprehended within the purpose of this section.  (Added to NRS by 1971, 1825)
NV Rev Stat § 694A.040 (2021)
2021 Nevada Revised Statutes|Chapter 694A - Trading of Equity Securities by Insiders|NRS 694A.040 - Unlawful sales of equity securities.

It is unlawful for any such beneficial owner, director or officer, directly or indirectly, to sell any equity security of such insurer if the person selling the security or the principal of the person:  1. Does not own the security sold; or  2. If the owner of the security, does not deliver it against such sale within 20 days thereafter, or does not within 5 days after such sale deposit it in the mails or other usual channels of transportation,  but no person shall be deemed to have violated this section if he or she proves that notwithstanding the exercise of good faith he or she was unable to make such delivery or deposit within such time, or that to do so would cause undue inconvenience or expense.  (Added to NRS by 1971, 1825)
NV Rev Stat § 694A.050 (2021)
2021 Nevada Revised Statutes|Chapter 694A - Trading of Equity Securities by Insiders|NRS 694A.050 - Investment accounts and transactions.

  1. The provisions of NRS 694A.030 do not apply to any purchase and sale, or sale and purchase, and the provisions of NRS 694A.040 do not apply to any sale, of an equity security of a domestic stock insurer not then or theretofore held by him or her in an investment account, by a dealer in the ordinary course of his or her business and incident to the establishment or maintenance by the dealer of a primary or secondary market (otherwise than on an exchange as defined in the Securities Exchange Act of 1934) for such security.  2. The Commissioner may, by such rules and regulations as the Commissioner deems necessary or appropriate in the public interest, define and prescribe terms and conditions with respect to securities held in an investment account and transactions made in the ordinary course of business and incident to the establishment or maintenance of a primary or secondary market.  (Added to NRS by 1971, 1826)
NV Rev Stat § 694A.060 (2021)
2021 Nevada Revised Statutes|Chapter 694A - Trading of Equity Securities by Insiders|NRS 694A.060 - Foreign or domestic arbitrage transactions.

The provisions of NRS 694A.020, 694A.030 and 694A.040 do not apply to foreign or domestic arbitrage transactions unless made in contravention of such rules and regulations as the Commissioner may adopt in order to carry out the purposes of this chapter.  (Added to NRS by 1971, 1826)
NV Rev Stat § 694A.070 (2021)
2021 Nevada Revised Statutes|Chapter 694A - Trading of Equity Securities by Insiders|NRS 694A.070 - Inapplicability of provisions to stock insurers.

The provisions of NRS 694A.020, 694A.030 and 694A.040 do not apply to equity securities of a domestic stock insurer if:  1. Such securities are registered, or are required to be registered, pursuant to section 12 of the Securities Exchange Act of 1934, as amended; or  2. Such domestic stock insurer has not any class of its equity securities held of record by 100 or more persons on the last business day of the year next preceding the year in which equity securities of the insurer would be subject to the provisions of NRS 694A.020, 694A.030 and 694A.040 except for the provisions of this subsection.  (Added to NRS by 1971, 1826)
NV Rev Stat § 694A.080 (2021)
2021 Nevada Revised Statutes|Chapter 694A - Trading of Equity Securities by Insiders|NRS 694A.080 - Regulations; classification of insurers and securities; acts done or omitted in good faith.

  1. The Commissioner shall have the power to make such rules and regulations as may be necessary for the execution of the functions vested in the Commissioner by NRS 694A.010 to 694A.070, inclusive, and may for such purpose classify domestic stock insurers, securities and other persons or matters within the jurisdiction of the Commissioner.  2. No provision of NRS 694A.020, 694A.030 and 694A.040 imposing any liability shall apply to any act done or omitted in good faith in conformity with any rule or regulation of the Commissioner, notwithstanding that such rule or regulation may, after such act or omission, be amended or rescinded or determined by judicial or other authority to be invalid for any reason.  (Added to NRS by 1971, 1826)
NV Rev Stat § 694B.010 (2021)
2021 Nevada Revised Statutes|Chapter 694B - Reciprocal Insurers|NRS 694B.010 - "Reciprocal" insurance defined.

As used in this Code, "reciprocal" insurance is that resulting from an interchange among persons, known as "subscribers," of reciprocal agreements of indemnity, the interchange being effectuated through an attorney-in-fact common to all such persons.  (Added to NRS by 1971, 1827)
NV Rev Stat § 694B.020 (2021)
2021 Nevada Revised Statutes|Chapter 694B - Reciprocal Insurers|NRS 694B.020 - Scope.

  1. All authorized reciprocal insurers shall be governed by those sections of this chapter not expressly made applicable to domestic reciprocals.  2. After January 1, 1972, existing authorized reciprocal insurers shall comply with the provisions of this chapter, and shall make such amendments to their subscribers’ agreement, power of attorney, policies and other documents and accounts and perform such other acts as may be required for such compliance.  (Added to NRS by 1971, 1827)
NV Rev Stat § 694B.030 (2021)
2021 Nevada Revised Statutes|Chapter 694B - Reciprocal Insurers|NRS 694B.030 - Powers of reciprocal insurers.

  1. A reciprocal insurer may, upon qualifying therefor as provided for by this Code, transact any kind or kinds of insurance defined by this Code other than life or title insurances.  2. Such an insurer may purchase reinsurance upon the risk of any subscriber, and may grant reinsurance as to any kind of insurance it is authorized to transact directly.  (Added to NRS by 1971, 1827)
NV Rev Stat § 694B.035 (2021)
2021 Nevada Revised Statutes|Chapter 694B - Reciprocal Insurers|NRS 694B.035 - Reciprocal insurer authorized to affect title to real property for purposes of insurer.

A reciprocal insurer may purchase, sell, mortgage, encumber, lease or otherwise affect the title to real property for the purposes and objects of the reciprocal insurer. All deeds, notes, mortgages or other documents relating to the real property may be executed in the name of the reciprocal insurer by its attorney.  (Added to NRS by 1993, 649)
NV Rev Stat § 694B.040 (2021)
2021 Nevada Revised Statutes|Chapter 694B - Reciprocal Insurers|NRS 694B.040 - Name; suits.

A reciprocal insurer shall:  1. Have and use a business name. The name shall include the word "reciprocal," or "interinsurer," or "interinsurance," or "exchange," or "underwriters," or "underwriting," or "association."  2. Sue and be sued in its own name.  (Added to NRS by 1971, 1827)