Nevada § 679B.187 Person who invests or handles money or assets of insurer designated fiduciary; prohibited conduct by fiduciary; penalty

Nevada Statutes

§ 679B.187 — Person who invests or handles money or assets of insurer designated fiduciary; prohibited conduct by fiduciary; penalty

Nevada § 679B.187

Title 57INSURANCE

Ch. 679BCommissioner

GENERAL PROVISIONS

This text of Nevada § 679B.187 (Person who invests or handles money or assets of insurer designated fiduciary; prohibited conduct by fiduciary; penalty) 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.187 (2026).

Text

1.An officer, director, employee or agent of a domestic or foreign insurer who has the duty or power of investing or handling the money or assets of the insurer located in this state is a fiduciary of that money or those assets. Such an officer, director, employee or agent shall not appropriate, divert or convert to his or her own use such money or assets.

2.A person who violates subsection 1 is guilty of embezzlement and, in addition to any other penalty provided by law, shall be punished in accordance with NRS 205.300 .

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1. An officer, director, employee or agent of a domestic or foreign insurer who has the duty or power of investing or handling the money or assets of the insurer located in this state is a fiduciary of that money or those assets. Such an officer, director, employee or agent shall not appropriate, divert or convert to his or her own use such money or assets.
2. A person who violates subsection 1 is guilty of embezzlement and, in addition to any other penalty provided by law, shall be punished in accordance with NRS 205.300 .