§ 693A.400 Definitions
§ 693A.405 ‘Closed block’ defined
§ 693A.410 ‘Consideration’ defined
§ 693A.415 ‘Converting mutual’ defined
§ 693A.420 ‘Eligible member’ defined
§ 693A.425 ‘New stock insurer’ defined
§ 693A.430 ‘Policyholder’ defined
§ 693A.435 Procedure for conversion
§ 693A.440 Resolution by board of directors; plan of conversion
§ 693A.445 Application for conversion: Filing and contents; filing fee
§ 693A.450 Public hearing on application
§ 693A.455 Action by Commissioner on application
§ 693A.460 Meeting and vote of policyholders; notice
§ 693A.465 Abandonment of plan of conversion
§ 693A.470 Issuance and notice of final order approving application; issuance and effect of certificate of authority
§ 693A.475 Authority of Commissioner to engage services of experts; payment of costs to review plan of conversion
§ 693A.480 Confidentiality and publication of pertinent information and documents
§ 693A.485 Continuation of corporate existence of converting mutual
§ 693A.490 Purchase of stock by directors, officers, employees, agents or trustees
§ 693A.495 Receipt of fee, commission or other consideration for aiding, promoting or assisting in plan of conversion
§ 693A.500 Offers to acquire and acquisition of voting securities of new stock insurer or institution that owns majority of voting securities of new stock insurer
§ 693A.505 Unlawful acquisition of securities: Voting of securities prohibited; injunctive and other relief
§ 693A.510 Unlawful acquisition of securities: Seizure or sequestration of securities
§ 693A.515 Unlawful acquisition of securities: Imposition of administrative penalty for violation
§ 693A.520 Unlawful acquisition of securities: Imposition of administrative penalty against director, officer or agent
§ 693A.525 Unlawful acquisition of securities: Orders by Commissioner
§ 693A.530 Regulations and orders of Commissioner
§ 693A.535 Judicial review of final order of Commissioner
§ 693A.540 Enforcement of provisions by Commissioner

Terms Used In Nevada Revised Statutes > Chapter 693A > Conversion of Mutual Into Stock Insurer

  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Quorum: The number of legislators that must be present to do business.
  • Sequester: To separate. Sometimes juries are sequestered from outside influences during their deliberations.
  • Subpoena: A command to a witness to appear and give testimony.