CHRISTENSEN v. INSURANCE COMMISSIONER

No. 5667.

454 P.2d 891 (1969)

Reed W. CHRISTENSEN, President of Atlas Management Company, a Nevada corporation, and Atlas Management Company, Appellants, v. INSURANCE COMMISSIONER of State of Nevada and Great Basin Insurance Co., A Nevada Corporation, Respondents.

Supreme Court of Nevada.

May 27, 1969.


Attorney(s) appearing for the Case

Gladys Towles Root, Los Angeles, Cal., Spring & Newton, Reno, for appellants.

Harvey Dickerson, Atty. Gen., John A. Porter, Deputy Atty. Gen., Carson City, for respondents.


OPINION

THOMPSON, Justice.

The district court entered an order denying the petition of Atlas Management Co. to intervene in the voluntary receivership proceeding of the Great Basin Insurance Co. This appeal is from that order.

At one time Atlas Management was the parent holding corporation of Great Basin. In January 1967, Atlas Management transferred Great Basin to Atlas Church Plan, Inc., a California corporation, and entered into a contract with...

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