Nevada § 690D.150 Restrictions on business name of creditor; exception

Nevada Statutes

§ 690D.150 — Restrictions on business name of creditor; exception

Nevada § 690D.150

Title 57INSURANCE

Ch. 690DGuaranteed

CREDITORS AND DEALERS

This text of Nevada § 690D.150 (Restrictions on business name of creditor; exception) 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. § 690D.150 (2026).

Text

1. Except as otherwise provided in this section, a creditor who sells or offers for sale guaranteed asset protection waivers shall not include in the name of the business of the creditor:

(a)The words “insurance,” “casualty,” “surety,” “mutual” or any other word or term that implies that the creditor is engaged in the business of transacting insurance or is a surety company; or

(b)A name that is deceptively similar to the name or description of an insurer or surety company. 2. A creditor may include the word “guaranty” or a similar word in the name of the business of the creditor. 3. This section does not apply to a creditor who, before January 1, 2016, includes in the name of the business of the creditor a name that does not comply with the provisions of subsection 1. Such a creditor sh

Free access — add to your briefcase to read the full text and ask questions with AI

1. Except as otherwise provided in this section, a creditor who sells or offers for sale guaranteed asset protection waivers shall not include in the name of the business of the creditor:
(a) The words “insurance,” “casualty,” “surety,” “mutual” or any other word or term that implies that the creditor is engaged in the business of transacting insurance or is a surety company; or
(b) A name that is deceptively similar to the name or description of an insurer or surety company.
2. A creditor may include the word “guaranty” or a similar word in the name of the business of the creditor.
3. This section does not apply to a creditor who, before January 1, 2016, includes in the name of the business of the creditor a name that does not comply with the provisions of subsection 1. Such a creditor shall include in each guaranteed asset protection waiver the creditor sells or offers for sale a statement that the guaranteed asset protection waiver is not a contract of insurance.