Nev. Admin. Code § 693A.760

Current through November 8, 2024
Section 693A.760 - Notice of relationship between controlling producer and controlled insurer; statement required if business is placed through producer who is not controlling producer
1. A controlling producer, before the effective date of a policy of insurance, shall deliver written notice to the prospective insured that discloses the relationship between the controlling producer and the controlled insurer.
2. If a controlling producer places insurance business through a producer who is not a controlling producer, the controlling producer shall retain in his or her records a signed statement from the other producer indicating that the other producer is aware of the relationship between the controlling producer and the controlled insurer and will notify the insured of the relationship.

Nev. Admin. Code § 693A.760

Added to NAC by Comm'r of Insurance, eff. 6-28-96; A by R094-14, eff. 12/21/2015

NRS 679B.130, 693A.110