Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE57 INSURANCE |
CHAPTER683C. Insurance Consultants |
NRS683C.020. License required; exceptions; penalty.
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1. Except as otherwise provided in subsection 2, no person may engage in the business of an insurance consultant unless a license has been issued to the person by the Commissioner.
2. An insurance consultant’s license is not required for:
(a) An attorney licensed to practice law in this State who is acting in his or her professional capacity;
(b) A licensed insurance agent, broker or surplus lines broker;
(c) A trust officer of a bank who is acting in the normal course of his or her employment; or
(d) An actuary or a certified public accountant who provides information, recommendations, advice or services in his or her professional capacity.
3. A person required to be licensed in this State who acts as an insurance consultant without a license is subject to an administrative fine of not more than $1,000 for each act or violation.
(Added to NRS by 1995, 1610; A 2003, 3297)