Hazardous financial condition defined.

Nev. Rev. Stat. § 695E.050

in effect

Hazardous financial condition means that, based on its present or reasonably anticipated financial condition, a risk retention group, although not yet financially impaired or insolvent, is unlikely to be able to: 1. Meet obligations to policyholders with respect to known claims and reasonably anticipated claims; or 2. Pay other obligations in the normal course of business.