{"data":{"id":"us-nv/nrs-681a.1557","jurisdiction":"us-nv","citation":"NRS 681A.1557","heading":"Certified reinsurer: Inactive status.","body":"A certified reinsurer that ceases to assume new business in this State may request to maintain its certification in inactive status to continue to qualify for a reduction in security for its in-force business. An inactive certified reinsurer must continue to comply with all applicable requirements of NRS 681A.150 to 681A.190, inclusive, and the Commissioner shall assign a rating that takes into account, if relevant, the reasons why the reinsurer is not assuming new business.","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#NRS681ASec1557","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:46Z","sha256":"1fbcbbc8dbff3e121a5a822a28ac989933c801c48b5e6bdad8a81184bed6356e","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-681a.1556","next":"us-nv/nrs-681a.160"},"notice":"GroundRules: Original legal text. Not legal advice."}