Statute 681b 540

Each insurer shall report to the Commissioner every material acquisition or disposition of assets within 15 days after the end of the month in which the transaction occurs. The Commissioner shall define by regulation what transactions are material, prescribe what information must be reported and specify any person to whom a copy must be sent. Except as otherwise provided in NRS 239.0115, such a report is confidential and is not subject to subpoena. (Added to NRS by 1995, 1770; A 2007, 2157)