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Nevada Revised Statutes Title 57. Insurance § 683A.325. Commissions and compensation

Current as of January 01, 2025 | Updated by Findlaw Staff

1. Except as otherwise provided in NRS 691D.220 or NRS 691E.270, a producer of insurance who is appointed as an agent may pay a commission or compensation for or on account of the selling, soliciting, procuring or negotiating of insurance in this State only to a licensed and appointed producer of insurance of the insurer with whom insurance was placed or to a licensed producer acting as a broker.

2. A licensee shall not accept any commission or compensation to which the licensee is not entitled pursuant to the provisions of this title.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 683A.325. Commissions and compensation - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-683a-325/

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