{"data":{"id":"us-nv/nrs-695e.050","jurisdiction":"us-nv","citation":"NRS 695E.050","heading":"“Hazardous financial condition” defined.","body":"“Hazardous financial condition” means that, based on its present or reasonably anticipated financial condition, a risk retention group, although not yet financially impaired or insolvent, is unlikely to be able to:\n1. Meet obligations to policyholders with respect to known claims and reasonably anticipated claims; or\n2. Pay other obligations in the normal course of business.","path":["TITLE 57 — INSURANCE","CHAPTER 695E - LIABILITY RISK RETENTION","GENERAL PROVISIONS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-695E.html#NRS695ESec050","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:46Z","sha256":"1a2617e073d7dc2ffceaa37407bd6d7877f9fbd28b19bbce3b3c500d4995990d","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-695e.040","next":"us-nv/nrs-695e.060"},"notice":"GroundRules: Original legal text. Not legal advice."}