{"data":{"id":"us-nv/nrs-692c.055","jurisdiction":"us-nv","citation":"NRS 692C.055","heading":"“Enterprise risk” defined.","body":"“Enterprise risk” means any activity, circumstance, event or series of events involving one or more affiliates of an insurer that, if not remedied promptly, is likely to have a material adverse effect on the financial condition or liquidity of the insurer or its insurance holding company system as a whole, including, without limitation, any activity, circumstance, event or series of events that may cause:\n1. The risk-based capital of the insurer to fall below the minimum amount of risk-based capital required by regulations adopted pursuant to NRS 681B.290; or\n2. The insurer to be in a hazardous financial condition as set forth in regulations adopted pursuant to NRS 680A.205.","path":["TITLE 57 — INSURANCE","CHAPTER 692C - HOLDING COMPANIES","GENERAL PROVISIONS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-692C.html#NRS692CSec055","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:46Z","sha256":"5f688189f2da46956add77fdc068fdb7709297ce71feb00d6de5f71139b2ded5","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-692c.050","next":"us-nv/nrs-692c.056"},"notice":"GroundRules: Original legal text. Not legal advice."}