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Nevada Revised Statutes Title 57. Insurance § 683C.020. License required; exceptions; administrative fine

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

1. Except as otherwise provided in subsection 2, no person may engage in the business of an insurance consultant unless a license has been issued to the person by the Commissioner.

2. An insurance consultant's license is not required for:

(a) An attorney licensed to practice law in this State who is acting in his or her professional capacity;

(b) A licensed producer of insurance, broker or surplus lines broker;

(c) A trust officer of a bank who is acting in the normal course of his or her employment; or

(d) An actuary or a certified public accountant who provides information, recommendations, advice or services in his or her professional capacity.

3. A person required to be licensed in this State who acts as an insurance consultant without a license is subject to an administrative fine of not more than $1,000 for each act or violation.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 683C.020. License required; exceptions; administrative fine - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-683c-020/

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