Skip to main content
Find a Lawyer

Nevada Revised Statutes Title 57. Insurance § 689.585. Records of seller; examination by Commissioner

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

1. Every seller shall keep:

(a) Accurate accounts, books and records of all transactions;

(b) Copies of all agreements and dates and amounts of payments made and accepted;

(c) The names and addresses of the contracting parties; and

(d) The persons for whose benefit the payments are accepted and the names of the depositories in which the payments are deposited.

2. The seller shall keep within this State, at the address shown upon the permit of the seller, complete records of all transactions under the permit. Those records and the affairs of the seller are subject to audit and examination by the Commissioner at any reasonable time. Any costs incurred by the Commissioner to conduct an audit or examination must be paid by the seller.

3. The seller shall keep such records for not less than 5 years after the completion of all transactions to which they relate.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 689.585. Records of seller; examination by Commissioner - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-689-585/

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.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard