Nevada § 679B.130 Regulations: Administration of Code and compliance with federal law relating to insurance; penalties for violation

Nevada Statutes

§ 679B.130 — Regulations: Administration of Code and compliance with federal law relating to insurance; penalties for violation

Nevada § 679B.130

Title 57INSURANCE

Ch. 679BCommissioner

GENERAL PROVISIONS

This text of Nevada § 679B.130 (Regulations: Administration of Code and compliance with federal law relating to insurance; penalties for violation) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 679B.130 (2026).

Text

1. The Commissioner may adopt reasonable regulations:

(a)For the administration of any provision of this Code, NRS 287.04335 or chapters 616A to 617 , inclusive, of NRS; or

(b)As required to ensure compliance by the Commissioner with any federal law or regulation relating to insurance. 2. A person who willfully violates any regulation of the Commissioner is subject to such suspension or revocation of a certificate of authority or license, or administrative fine in lieu of such suspension or revocation, as may be applicable under this Code or chapter 616A , 616B , 616C , 616D or 617 of NRS for violation of the provision to which the regulation relates. No penalty applies to any act done or omitted in good faith in conformity with any such regulation, notwithstanding that the regulation ma

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1. The Commissioner may adopt reasonable regulations:
(a) For the administration of any provision of this Code, NRS 287.04335 or chapters 616A to 617 , inclusive, of NRS; or
(b) As required to ensure compliance by the Commissioner with any federal law or regulation relating to insurance.
2. A person who willfully violates any regulation of the Commissioner is subject to such suspension or revocation of a certificate of authority or license, or administrative fine in lieu of such suspension or revocation, as may be applicable under this Code or chapter 616A , 616B , 616C , 616D or 617 of NRS for violation of the provision to which the regulation relates. No penalty applies to any act done or omitted in good faith in conformity with any such regulation, notwithstanding that the regulation may, after the act or omission, be amended, rescinded or determined by a judicial or other authority to be invalid for any reason.