NRS 683A.365
Authorization of another producer to transact business on own behalf

  • notification.

1.

A business organization which is licensed as a producer of insurance and which authorizes another producer of insurance to transact business on its behalf shall notify the Commissioner within 15 days after the effective date of the authorization in the manner prescribed by the Commissioner.

2.

A business organization which is licensed as a producer of insurance and which terminates the authorization of a producer of insurance for any reason shall notify the Commissioner within 30 days after the effective date of the termination in the manner prescribed by the Commissioner. The business organization shall provide additional information or documents if so requested in writing by the Commissioner.

3.

If the reason for termination is an activity described in NRS 683A.451 as a cause for disciplinary action or the business organization knows that the producer of insurance has been found to have engaged in such an activity by a court, governmental agency or self-regulatory organization authorized by law, the business organization shall notify the Commissioner, in the manner prescribed by the Commissioner, if the business organization discovers additional information that would have been reportable originally to the Commissioner if the business organization had then known it.

Source: Section 683A.365 — Authorization of another producer to transact business on own behalf; notification., https://www.­leg.­state.­nv.­us/NRS/NRS-683A.­html#NRS683ASec365.

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.
Last Updated

Feb. 5, 2021

§ 683A.365’s source at nv​.us