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Current as of January 01, 2025 | Updated by Findlaw Staff
1. No authorized insurer may make, write, place, renew or cause to be made, placed or renewed, any policy or duplicate policy, endorsement or contract of insurance of any kind upon persons, property or risks resident, located or to be performed in this State, except through its duly appointed and licensed agents.
2. In any case where it is necessary to execute an emergency bond and a commissioned agent authorized to execute the bond is not present, a manager or other employee of the insurer having authority under a power of attorney may execute the bond in order to produce a valid contract between the insurer and the obligee. The commissioned agent who executes the bond shall make and retain an adequate office record of the transaction.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 680A.300. Agent required; execution of emergency bond - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-680a-300/
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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