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Current as of January 01, 2025 | Updated by Findlaw Staff
1. If upon completion of its application the Commissioner finds that the insurer has met the requirements therefor under this Code, the Commissioner may issue to the insurer a proper certificate of authority; if the Commissioner does not so find, the Commissioner shall issue an order refusing such certificate.
2. The certificate, if issued, shall state the insurer's name, home office address, state or country of organization, and the kinds of insurance the insurer is authorized to transact throughout Nevada. At the insurer's request, the Commissioner may issue a certificate of authority limited to particular types of insurance or coverages within a kind of insurance as defined in NRS 681A.010 to 681A.080, inclusive (kinds of insurance).
3. Although issued and delivered to the insurer, the certificate of authority at all times shall be the property of the State of Nevada.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 680A.160. Certificate of authority: Issuance or refusal; contents and ownership - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-680a-160/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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