{"data":{"id":"us-nv/nrs-681a.140","jurisdiction":"us-nv","citation":"NRS 681A.140","heading":"“Qualified financial institution in the United States” defined.","body":"As used in NRS 681A.140 to 681A.240, inclusive, “qualified financial institution in the United States” means an institution that:\n1. Is organized, or in the case of a branch or agency of a foreign banking organization in the United States licensed, under the laws of the United States or any state thereof and has been granted authority to operate with fiduciary powers;\n2. Is regulated, supervised and examined by federal or state authorities having regulatory authority over banks and trust companies;\n3. Is determined:\n(a) By the Commissioner to meet the standards of financial condition and standing prescribed by the Commissioner; or\n(b) By the National Association of Insurance Commissioners to meet the standards of financial condition and standing prescribed by the National Association of Insurance Commissioners; and\n4. Is determined by the Commissioner to be otherwise acceptable.","path":["TITLE 57 — INSURANCE","CHAPTER 681A - KINDS OF INSURANCE; LIMITS ON RISK; REINSURANCE","REINSURANCE","Credit as Asset or Deduction From Liability"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-681A.html#NRS681ASec140","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:46Z","sha256":"4320fc077adf4a3cb301eed14c97a7f4f1a52555b33825490fd227cf469eb168","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-681a.130","next":"us-nv/nrs-681a.145"},"notice":"GroundRules: Original legal text. Not legal advice."}