Nevada § 691C.240 Scope

Nevada Statutes

§ 691C.240 — Scope

Nevada § 691C.240

Title 57INSURANCE

Ch. 691CCredit

This text of Nevada § 691C.240 (Scope) 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. § 691C.240 (2026).

Text

All credit personal property insurance, including guaranteed asset protection insurance, written in connection with credit transactions for personal, family or household purposes is subject to the provisions of this chapter, except:

1.Credit transactions involving extensions of credit primarily for business or commercial purposes;

2.Insurance written in connection with a credit transaction that is secured by a real estate mortgage or deed of trust;

3.Creditor-placed insurance;

4.Title insurance;

5.Nonfiling insurance;

6.Insurance purchased by a creditor after repossession or a similar event in which the creditor acquired possession of the property; and

7.Insurance for which an identifiable charge is not made to or collected from the debtor.

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All credit personal property insurance, including guaranteed asset protection insurance, written in connection with credit transactions for personal, family or household purposes is subject to the provisions of this chapter, except:
1. Credit transactions involving extensions of credit primarily for business or commercial purposes;
2. Insurance written in connection with a credit transaction that is secured by a real estate mortgage or deed of trust;
3. Creditor-placed insurance;
4. Title insurance;
5. Nonfiling insurance;
6. Insurance purchased by a creditor after repossession or a similar event in which the creditor acquired possession of the property; and
7. Insurance for which an identifiable charge is not made to or collected from the debtor.