Impairment defined.
Nev. Rev. Stat. § 696B.100
in effectImpairment exists as to:
1. A stock insurer when the insurers assets do not at least equal the sum of its liabilities, including also its paid-in capital stock account and the minimum surplus required to be maintained under this Code for authority to transact the kinds of insurance transacted.
2. A mutual insurer when the insurers assets do not at least equal the sum of the insurers liabilities and the minimum surplus required under this Code to be maintained for authority to transact the kinds of insurance transacted.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-696B.htmlFetched: 10/4/2026