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Current as of January 01, 2025 | Updated by Findlaw Staff
1. A vendor shall not sell or offer coverage under a policy of portable electronics insurance unless the vendor holds a license as a producer of insurance in portable electronics insurance as a limited line issued by the Commissioner pursuant to NRS 683A.261 or 683A.271.
2. In addition to the information required pursuant to NRS 683A.251, an application for a license as a producer of insurance in portable electronics insurance must include:
(a) A schedule which identifies each location at which the vendor does business; and
(b) The physical address of the home office of the vendor.
3. A natural person who is designated by a vendor pursuant to paragraph (b) of subsection 2 of NRS 683A.251 is not required to be a principal, officer or employee of the vendor.
4. A vendor who is licensed as a producer of insurance in portable electronics insurance shall maintain the schedule described in paragraph (a) of subsection 2 and make the schedule available for inspection by the Commissioner upon request.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 691D.200. License required to sell or offer portable electronics insurance; contents of application; maintenance of schedule of business locations by licensee required - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-691d-200/
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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