On no less than a quarterly basis, and more often if deemed appropriate, an insurer’s board of directors or a committee of the board shall:
1. Receive and review a summary report on the insurer’s investment portfolio, its investment activities and practices engaged in pursuant to delegated authority, in order to determine whether the investment activity or practice of the insurer is consistent with its written plan; and
2. Review and revise, as appropriate, the written plan.
(Added to NRS by 2015, 3430)