NRS 691D.200
License required to sell or offer portable electronics insurance

  • contents of application.

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.

Source: Section 691D.200 — License required to sell or offer portable electronics insurance; contents of application., https://www.­leg.­state.­nv.­us/NRS/NRS-691D.­html#NRS691DSec200.

Last Updated

Feb. 5, 2021

§ 691D.200’s source at nv​.us