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Current as of January 01, 2025 | Updated by Findlaw Staff
1. As used in this Code, an insurance holding corporation is a corporation, whether or not incorporated under the laws of this state, owning or holding, or proposing to own or hold, a controlling stock interest in a domestic stock insurer. Shares owned directly or indirectly by the corporation or by its subsidiary or affiliate corporation, firm or organization, or by its officers, directors or principal stockholders, shall be deemed to be owned or held by the corporation for the purposes of this section.
2. For the purposes of this chapter that type of organization known as a “Massachusetts trust” shall be deemed to be a corporation.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 692B.050. “Insurance holding corporation” defined; Massachusetts trusts - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-692b-050/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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