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Current as of January 01, 2021 | Updated by FindLaw Staff
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 1 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.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 694A.070. Inapplicability of provisions to stock insurers - last updated January 01, 2021 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-694a-070/
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 or via Westlaw before relying on it for your legal needs.
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