Continuation of corporate existence of mutual insurer.

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

The corporate existence of a mutual insurer reorganizing pursuant to NRS 693A.550 to 693A.665, inclusive, does not terminate, and the reorganized stock insurer shall be deemed to be a continuation of the mutual insurer and to have been organized on the date on which the mutual insurer was originally organized.

(Added to NRS by 2001, 2245)

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