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Current as of January 01, 2021 | Updated by FindLaw Staff
1. “Attorney,” as used in this chapter, refers to the attorney-in-fact of a reciprocal insurer. The attorney may be an individual, firm or corporation.
2. The attorney of a foreign reciprocal insurer, which insurer is duly authorized to transact insurance in this State, shall not, by virtue of the discharge of its duties as such attorney with respect to the insurer's transactions in this State, be thereby deemed to be doing business in this State within the meaning of any laws of this State applying to foreign persons, firms or corporations.
3. The subscribers and the attorney-in-fact comprise a reciprocal insurer and a single entity for the purposes of chapter 680B of NRS as to all operations under the insurer's certificate of authority.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 694B.050. Attorney - last updated January 01, 2021 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-694b-050/
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 or via Westlaw before relying on it for your legal needs.
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