NRS 683A.361
Payment, acceptance and assignment of commissions, brokerage, fees for service and other valuable considerations.

1.

An insurer or a producer of insurance shall not pay a commission, brokerage, fee for service or other valuable consideration to a person for selling, soliciting or negotiating insurance in this State if the activities of the person require the person to be licensed under this title and the person is not so licensed.

2.

A person shall not accept a commission, brokerage, fee for service or other valuable consideration for selling, soliciting or negotiating insurance in this State if the activities of the person require the person to be licensed under this title and the person is not so licensed.

3.

Commissions for renewal and other deferred commissions may be paid to a person whose activities required the person to be licensed under this title at the time of the sale, solicitation or negotiation and the person was so licensed at that time.

4.

An insurer or producer of insurance may pay or assign commissions, brokerage, fees for service or other valuable considerations to a person who does not sell, solicit or negotiate insurance in this State unless the payment would violate the provisions of NRS 686A.110 or 686A.120.

5.

An insurer shall not pay a commission, directly or indirectly, to a producer of insurance for selling, soliciting or negotiating insurance in this State unless the producer of insurance is appointed as an agent of the insurer as provided in NRS 683A.321. This subsection does not apply to a broker for reinsurance or to business placed pursuant to subsection 3, NRS 683A.325 or 685A.155, or contracts entered into pursuant to NRS 693A.110 which are approved by the Commissioner.

6.

A producer of insurance shall not accept a commission from an insurer for selling, soliciting or negotiating insurance in this State unless the producer of insurance is appointed as an agent of the insurer as provided in NRS 683A.321. This subsection does not apply to a broker for reinsurance or to business placed pursuant to subsection 3, NRS 683A.325 or 685A.155, or contracts entered into pursuant to NRS 693A.110 which are approved by the Commissioner.

7.

As used in this section, “broker for reinsurance” has the meaning ascribed to it in NRS 681A.280.

Source: Section 683A.361 — Payment, acceptance and assignment of commissions, brokerage, fees for service and other valuable considerations., https://www.­leg.­state.­nv.­us/NRS/NRS-683A.­html#NRS683ASec361 (accessed May 26, 2025).

683A.191
Definitions. 683A.193
“Offer and disseminate” defined. 683A.195
“Producer of limited lines travel insurance” defined. 683A.197
“Travel insurance” defined. 683A.199
“Travel retailer” defined. 683A.201
License required 683A.211
Persons exempt from licensing. 683A.221
Employee of short-term lessor of vehicles exempt from licensing under certain circumstances. 683A.231
Licensing of bank. 683A.241
Examination for license: Requirement 683A.242
Exemption from written examination and certain educational requirements for producers of limited lines travel insurance and travel retailers. 683A.251
Form and prerequisites for approval of application for license 683A.261
Issuance, effect, renewal, failure to renew, contents and availability of license 683A.265
Licensing of producer of limited lines travel insurance. 683A.271
Licensing of nonresident persons 683A.281
Nonresident licensees: Service of process 683A.291
Exemption from education and examination for producer previously licensed for same lines of authority in another state 683A.301
Use of true or fictitious name by applicant for license or licensee. 683A.311
Temporary licenses: Authority of Commissioner 683A.321
Appointment of producer as agent of insurer 683A.325
Commissions and compensation. 683A.331
Termination of appointment, employment or other relationship of producer to insurer 683A.341
Reports to Commissioner: Administrative action or criminal prosecution against producer. 683A.351
Records of transactions: Maintenance 683A.361
Payment, acceptance and assignment of commissions, brokerage, fees for service and other valuable considerations. 683A.365
Authorization of another producer to transact business on own behalf 683A.367
Restrictions concerning selling, soliciting and negotiating continuous care coverage 683A.368
Liability of producers of limited lines travel insurance for acts of travel retailers. 683A.369
Travel retailers: Authorized scope of activities. 683A.370
Use and licensing of vending machines to solicit for and issue personal travel accident insurance policies. 683A.3683
Applicability of certain provisions to producers of limited lines travel insurance and travel retailers. 683A.3685
Producer of limited lines travel insurance required to maintain register of travel retailers acting on behalf of producer. 683A.3687
Compensation of travel retailer by producer of limited lines travel insurance 683A.3693
Travel retailers: Prohibited activities. 683A.3695
Travel retailers: Required written disclosures.

May 26, 2025

§ 683A.361. Payment, acceptance & assignment of commissions, brokerage, fees for service and other valuable considerations.'s source at nv​.us