Nev. Admin. Code § 690A.020

Current through November 8, 2024

Section 690A.020 - Disclosures to debtors: Requirement; filing of form for approval

Before a debtor elects to purchase consumer credit insurance in connection with a credit transaction, the information found in the form NDOI-915, as specified in subsection 2 of NAC 690A.025, must be disclosed to the debtor in writing. The insurer is not required to file the form he or she uses for this disclosure with the Commissioner for approval if:

1. The insurer elects to use form NDOI-915 and notifies the Commissioner of its use; or

2. If an officer of the insurer submits a written certification to the Commissioner that the forms used by the insurer are identical to form NDOI-915.

Nev. Admin. Code § 690A.020

Added to NAC by Comm'r of Insurance by R131-05, eff. 10-31-2005

NRS 679B.130, 690A.073, 690A.087, 690A.277