Nevada § 691C.390 Refund of unearned premiums upon cancellation; approval of refund formula

Nevada Statutes

§ 691C.390 — Refund of unearned premiums upon cancellation; approval of refund formula

Nevada § 691C.390

Title 57INSURANCE

Ch. 691CCredit

This text of Nevada § 691C.390 (Refund of unearned premiums upon cancellation; approval of refund formula) 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.390 (2026).

Text

1.Each individual policy or certificate of insurance must provide for a refund of unearned premiums if the credit personal property insurance is cancelled before the scheduled date of termination of the insurance.

2.Except as otherwise provided in this section, any refund must be provided to the person to whom it is entitled as soon as practicable after the date of cancellation of the insurance.

3.The formula that an insurer uses to determine the amount of a refund must be submitted to and approved by the Commissioner before it is used.

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1. Each individual policy or certificate of insurance must provide for a refund of unearned premiums if the credit personal property insurance is cancelled before the scheduled date of termination of the insurance.
2. Except as otherwise provided in this section, any refund must be provided to the person to whom it is entitled as soon as practicable after the date of cancellation of the insurance.
3. The formula that an insurer uses to determine the amount of a refund must be submitted to and approved by the Commissioner before it is used.