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Current as of January 01, 2025 | Updated by Findlaw Staff
A risk retention group transacting insurance in this state shall submit to the Commissioner:
1. A copy of the group's financial statement submitted to its state of domicile, which must be certified by an independent public accountant and contain a statement of opinion on its reserves for loss and expenses of loss adjustment made by a member of the American Academy of Actuaries or another qualified specialist in reserves for loss;
2. A copy of each examination of the risk retention group, certified by the Commissioner or other public officer conducting the examination;
3. Upon the request of the Commissioner, a copy of any audit performed with respect to the risk retention group; and
4. Such other information as the Commissioner requires to verify its continuing qualification as a risk retention group.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 695E.160. Submission of financial statement, examinations, audits and other information - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-695e-160/
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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