Authorization of Insurers and General Requirements

What this document is

Nevada Revised Statutes Chapter 680A - Authorization of Insurers and General Requirements is a state statute published by Nevada Legislature (leg.state.nv.us). It is one of the Nevada documents that insurance license exam questions are written from, including nevada property & casualty, nevada personal lines practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• NRS § 680A.300(1) (Agent required; execution of emergency bond)

  “No authorized insurer may make, write, place, renew or cause to be made, placed or renewed, any policy or duplicate policy, endorsement or contract of insurance of any kind upon persons, property or risks resident, located or to be performed in this State, except through its duly appointed and licensed agents.”

• NRS § 680A.060(3) (Certificate of authority: Required; penalty)

  “Any officer, director, agent, representative or employee of any insurer who willfully authorizes, negotiates, makes or issues any insurance contract in violation of this section is guilty of a misdemeanor.”

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