Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE57 INSURANCE |
CHAPTER680A. Authorization of Insurers and General Requirements |
NRS680A.210. Order and notice of suspension, limitation or revocation of certificate; effect on agents’ authority.
Latest version.
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1. All suspensions, limitations or revocations of, or refusals to continue, an insurer’s certificate of authority must be by the Commissioner’s order given to the insurer.
2. Upon issuance of the order, the Commissioner shall forthwith give notice thereof to the insurer’s agents in this state, of record in the Division, and shall also suspend, limit or revoke the authority of such agents to represent the insurer.
(Added to NRS by 1971, 1585; A 1991, 1621; 1993, 1904)