{"data":{"id":"us-nv/nrs-696b.110","jurisdiction":"us-nv","citation":"NRS 696B.110","heading":"“Insolvency” defined.","body":"“Insolvency” exists:\n1. When the insurer fails to meet its obligations as they mature;\n2. When a stock insurer’s assets are less than the sum of its liabilities and its paid-in capital stock account;\n3. When a mutual insurer’s assets are less than the sum of its liabilities and the minimum basic surplus required to be maintained by the insurer under this Code for authority to transact the kinds of insurance transacted; or\n4. As otherwise expressly provided in this Code.","path":["TITLE 57 — INSURANCE","CHAPTER 696B - DELINQUENT INSURERS: CONSERVATION, REHABILITATION AND LIQUIDATION"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-696B.html#NRS696BSec110","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:46Z","sha256":"e4ca47ecb0c14d6ac07c9c0a4a857182d29c1d9eeaa3d78028f222cae70f46dd","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-696b.100","next":"us-nv/nrs-696b.120"},"notice":"GroundRules: Original legal text. Not legal advice."}