{"data":{"id":"us-nv/nrs-695e.150","jurisdiction":"us-nv","citation":"NRS 695E.150","heading":"Statement of registration; plan of operation; appointment of Commissioner as agent for service of process; filing fee; transmission of revisions of plan of operation by Commissioner.","body":"1. Before transacting insurance in this state, a risk retention group must submit to the Commissioner:\n(a) A statement of registration identifying:\n(1) Each state in which the risk retention group is chartered or licensed as a liability insurer;\n(2) The date of its charter;\n(3) Its principal place of business; and\n(4) Such other information, including information concerning its membership, as the Commissioner requires to verify its qualification as a risk retention group;\n(b) A copy of its plan of operation and any revisions of the plan submitted to its state of domicile, except with respect to any line or classification of liability that was:\n(1) Defined in the Product Liability Risk Retention Act of 1981 before October 27, 1986; and\n(2) Offered before that date by a risk retention group that had been chartered and operating for not less than 3 years before that date; and\n(c) A statement appointing the Commissioner as its agent for service of process pursuant to NRS 680A.250, together with the fee for filing a power of attorney required by subsection 4 of NRS 680B.010.\n2. The Commissioner shall, upon receipt of any revisions of a plan of operation provided by a risk retention group pursuant to paragraph (b) of subsection 1, transmit a copy of those revisions to the National Association of Insurance Commissioners.","path":["TITLE 57 — INSURANCE","CHAPTER 695E - LIABILITY RISK RETENTION","RISK RETENTION GROUPS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-695E.html#NRS695ESec150","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:46Z","sha256":"8d2a9e4f62bdb6389802cc90d4b6f527010b8e35c659eae300afaf3b667f2d12","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-695e.140","next":"us-nv/nrs-695e.160"},"notice":"GroundRules: Original legal text. Not legal advice."}