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Current as of January 01, 2025 | Updated by Findlaw Staff
1. A company shall, immediately after it has been issued a license, file with the Commissioner a schedule of rates and charges it intends to use in this state. The schedule must include, and separately identify, any commission which is required to be paid to an agent or broker who completes an agreement. Any change in the schedule must be filed with the Commissioner at least 60 days before the rates become effective.
2. A company may not impose a charge included in an agreement unless the charge is included in the schedule filed with the Commissioner.
3. The Commissioner shall not approve any charge listed in the schedule which is unfairly discriminatory in relation to similar risks.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 686A.385. Schedule of rates and charges: Required to be filed with Commissioner for approval; filing of changes; inclusion in schedule required for imposition - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-686a-385/
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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