Nevada Revised Statutes 686C.095 – ‘Insolvent insurer’ defined
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‘Insolvent insurer’ means a member insurer which is ordered to liquidate by a court of competent jurisdiction after a finding of insolvency.
Terms Used In Nevada Revised Statutes 686C.095
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.