Nevada Revised Statutes (Last Updated: December 24, 2014)

NRS679A.130. “Transacting insurance” defined.

Latest version.

In addition to other aspects of insurance operations to which provisions of this Code by their terms apply, “transact” with respect to a business of insurance includes any of the following, by mail or otherwise or whether or not for the purpose of profit:

      1. Solicitation or inducement.

      2. Negotiations.

      3. Effectuation of a contract of insurance.

      4. Transaction of matters subsequent to effectuation and arising out of such a contract.

(Added to NRS by 1971, 1559)

                    
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