Continuation of corporate existence of converting mutual.

  1. Law
  2. Nevada Revised Statutes
  3. Corporate Powers and Procedures of Domestic Stock and Mutual Insurers
  4. Continuation of corporate existence of converting mutual.

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The corporate existence of a converting mutual pursuant to NRS 693A.400 to 693A.540, inclusive, does not terminate, and the new stock insurer shall be deemed to be a continuation of the converting mutual and to have been organized on the date the converting mutual was originally organized.

(Added to NRS by 2001, 2237)


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