{"data":{"id":"us-nv/nrs-693a.365","jurisdiction":"us-nv","citation":"NRS 693A.365","heading":"Assumption of reinsurance: Limitations; application of provisions.","body":"1. A domestic property or casualty insurer with less than $3,000,000 in surplus as regards policyholders shall not, without the written approval of the Commissioner, assume reinsurance on any risk that it otherwise is permitted to assume, except if the reinsurance is required by law or regulation.\n2. The provisions of this section are applicable to a contract of reinsurance executed or renewed on or after October 1, 1991.\n3. The provisions of this section do not invalidate any reinsurance contract between the parties to the contract.","path":["TITLE 57 — INSURANCE","CHAPTER 693A - CORPORATE POWERS AND PROCEDURES OF DOMESTIC STOCK AND MUTUAL INSURERS","GENERAL PROVISIONS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-693A.html#NRS693ASec365","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:46Z","sha256":"2885de21f6990ed88db117eb9fdb62eb60cfcd4d9ffeba487517f39db1fb8836","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-693a.350","next":"us-nv/nrs-693a.370"},"notice":"GroundRules: Original legal text. Not legal advice."}