Nevada § 683A.365 Authorization by business organization of another producer to transact business on its behalf: Notification to Commissioner of authorization and termination of authorization

Nevada Statutes

§ 683A.365 — Authorization by business organization of another producer to transact business on its behalf: Notification to Commissioner of authorization and termination of authorization

Nevada § 683A.365

Title 57INSURANCE

Ch. 683APersons

PRODUCERS OF INSURANCE

This text of Nevada § 683A.365 (Authorization by business organization of another producer to transact business on its behalf: Notification to Commissioner of authorization and termination of authorization) 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. § 683A.365 (2026).

Text

1.A business organization which is licensed as a producer of insurance and which authorizes another producer of insurance to transact business on its behalf shall notify the Commissioner within 15 days after the effective date of the authorization in the manner prescribed by the Commissioner.

2.A business organization which is licensed as a producer of insurance and which terminates the authorization of a producer of insurance for any reason shall notify the Commissioner within 30 days after the effective date of the termination in the manner prescribed by the Commissioner. The business organization shall provide additional information or documents if so requested in writing by the Commissioner.

3.If the reason for termination is an activity described in NRS 683A.451 as a cause for disc

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1. A business organization which is licensed as a producer of insurance and which authorizes another producer of insurance to transact business on its behalf shall notify the Commissioner within 15 days after the effective date of the authorization in the manner prescribed by the Commissioner.
2. A business organization which is licensed as a producer of insurance and which terminates the authorization of a producer of insurance for any reason shall notify the Commissioner within 30 days after the effective date of the termination in the manner prescribed by the Commissioner. The business organization shall provide additional information or documents if so requested in writing by the Commissioner.
3. If the reason for termination is an activity described in NRS 683A.451 as a cause for disciplinary action or the business organization knows that the producer of insurance has been found to have engaged in such an activity by a court, governmental agency or self-regulatory organization authorized by law, the business organization shall notify the Commissioner, in the manner prescribed by the Commissioner, if the business organization discovers additional information that would have been reportable originally to the Commissioner if the business organization had then known it.