Nevada Revised Statutes Title 57. Insurance § 686C.2245. Assumption of reinsurance contracts:  Transfer of contracts by Association

1. Unless the reinsurer and the assuming insurer agree otherwise, the reinsurance contract transferred must not cover any new policies or contracts in addition to those transferred.

2. The obligations described in NRS 686C.224 no longer apply with respect to matters arising after the effective date of the transfer.

3. Notice must be given in writing, return receipt requested, by the transferring party to the affected reinsurer not less than 30 days before the effective date of the transfer.