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Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 696B.430: Subordination of claims for failure to cooperate.

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Where this section sits in the code
  1. TITLE 57 — INSURANCE
  2. CHAPTER 696B - DELINQUENT INSURERS: CONSERVATION, REHABILITATION AND LIQUIDATION

If an ancillary receiver in another state or foreign country, by whatever name called, fails to transfer to the domiciliary liquidator in this state any assets within the control of the ancillary receiver other than special deposits, diminished only by the expenses, if any, of the ancillary receivership, claims filed in the ancillary receivership, other than special deposit claims or secured claims, must be placed in the class of claims specified in paragraph (j) of subsection 1 of NRS 696B.420.

Collected 2026-09-03T05:51:46Z. Source file · JSON

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