1. For the purpose of facilitating the rehabilitation, liquidation, conservation or
dissolution of an insurer pursuant to NRS 696B.010 to 696B.565, inclusive, the Commissioner may, subject to the approval of the court, borrow money
and execute, acknowledge and deliver notes or other evidences of indebtedness therefor
and secure the repayment of the same by the mortgage, pledge, assignment, transfer
in trust or hypothecation of any or all of the property, whether real, personal or
mixed, of such insurer, and the Commissioner, subject to the approval of the court,
shall have power to take any and all other action necessary and proper to consummate
any such loan and to provide for the repayment thereof.
2. The Commissioner shall be under no obligation personally or in his or her official
capacity to repay any loan made pursuant to this section.
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