reglab/housing_qa huggingface dataset:
NV Rev Stat § 686A.330 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.330 - Definitions.

As used in NRS 686A.330 to 686A.520, inclusive, unless the context otherwise requires:  1. "Agreement" means a contract between a person and an insured or prospective insured under which the person agrees to pay a premium in advance on behalf of the insured or prospective insured in exchange for repayment of the amount advanced with interest or for some other consideration.  2. "Company" means a person engaged in the business of entering into agreements or purchasing agreements. The term does not include a person who finances a premium in connection with the sale of a motor vehicle upon which the person holds a lien.  (Added to NRS by 1985, 1153; A 1993, 2394; 1995, 1622)
NV Rev Stat § 686A.335 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.335 - Applicability of chapter 696B of NRS.

  1. A company is subject to the provisions of chapter 696B of NRS.  2. For the purposes of chapter 696B of NRS, a company shall be deemed to be an insurer.  (Added to NRS by 1995, 1621)
NV Rev Stat § 686A.340 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.340 - Engaging in business of company without license prohibited.

Except as provided in NRS 686A.350, a person shall not engage in the business of a company or hold himself or herself out as a company without first having received a license from the Commissioner to engage in the business of a company.  (Added to NRS by 1985, 1154)
NV Rev Stat § 686A.350 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.350 - Exemptions from requirement of licensing.

  1. A license to engage in the business of a company is not required of any:  (a) State or federally chartered building association, savings and loan association or savings bank.  (b) State or federally chartered bank.  (c) State or federally chartered credit union.  (d) Thrift company licensed pursuant to chapter 677 of NRS.  (e) Producer of insurance financing his or her own accounts.  (f) Insurer authorized to do business in this state financing its own policies or those of an affiliated company.  (g) Business, in addition to those included in paragraphs (a) to (d), inclusive, which is licensed and regulated by the Division of Financial Institutions of the Department of Business and Industry.  2. The provisions of NRS 686A.330 to 686A.520, inclusive, other than those which concern licensing, apply to persons exempt from licensing pursuant to subsection 1.  (Added to NRS by 1985, 1154; A 1993, 1917; 2017, 2340)
NV Rev Stat § 686A.360 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.360 - Application for license.

  1. An application for a license to engage in the business of a company must be filed with the Commissioner on a form prescribed by the Commissioner and must include:  (a) A nonrefundable fee for application and for investigation of the applicant of $500 and, in addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110;  (b) A surety bond payable to the State of Nevada in the amount of $50,000, executed by a surety company which is authorized to do business in Nevada;  (c) A current certified financial statement or another financial statement if individually approved by the Commissioner;  (d) An appointment of the Commissioner and the successors in office of the Commissioner as the applicant’s attorney to receive service of process; and  (e) If the applicant is a corporation, a copy of its articles of incorporation.  2. The applicant shall provide the Commissioner with any material change concerning information contained in the application within 10 days after the change occurs.  (Added to NRS by 1985, 1154; A 1991, 1629; 1993, 2395; 2009, 1783)
NV Rev Stat § 686A.370 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.370 - True name and fictitious name of licensee; grounds for disapproval of name.

  1. An unincorporated licensee or unincorporated applicant for a license who desires the issuance of a license under a fictitious name must file with the Commissioner a certified copy of the entry in the county clerk’s register and of the certificate or any renewal certificate filed pursuant to chapter 602 of NRS. An incorporated licensee and incorporated applicant must file with the Commissioner in writing the corporation’s true name and the fictitious names under which it conducts or intends to conduct business in this state. After licensing, each licensee shall file promptly with the Commissioner written notice of any change in or discontinuance of any fictitious name.  2. The Commissioner may in writing disapprove the use of any true name, other than the bona fide natural name of a natural person, or any fictitious name used or proposed to be used by any applicant or licensee, on any of the following grounds:  (a) The name interferes with or is deceptively similar to a name already filed and in use by another licensee;  (b) Use of the name may mislead the public in any respect; or  (c) The name states or implies that the licensee or applicant is an insurer or is entitled to engage in insurance activities not authorized under the licenses which the licensee holds or for which the applicant has applied.  (Added to NRS by 1985, 1154; A 2001, 814)
NV Rev Stat § 686A.380 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.380 - Renewal of license.

  1. A company must renew its license on or before March 1 of each year. An application for renewal must be submitted on a form prescribed by the Commissioner and must be accompanied by:  (a) A financial statement for the preceding year; and  (b) A fee of $500, any penalty imposed pursuant to subsection 2 and, in addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110.  2. The Commissioner may grant an extension allowing a company to file an application for renewal after March 1 if the company shows that for reasons beyond its control it cannot apply before that date. If a company which has not been granted an extension files its application for renewal after March 1, the company shall pay a penalty of $25 for each day the application is late.  (Added to NRS by 1985, 1155; A 1987, 463; 1991, 1629; 2009, 1784)
NV Rev Stat § 686A.385 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.385 - Schedule of rates and charges to be filed with Commissioner.

  1. A company shall, immediately after it has been issued a license, file with the Commissioner a schedule of rates and charges it intends to use in this state. The schedule must include, and separately identify, any commission which is required to be paid to an agent or broker who completes an agreement. Any change in the schedule must be filed with the Commissioner at least 60 days before the rates become effective.  2. A company may not impose a charge included in an agreement unless the charge is included in the schedule filed with the Commissioner.  3. The Commissioner shall not approve any charge listed in the schedule which is unfairly discriminatory in relation to similar risks.  (Added to NRS by 1993, 2393)
NV Rev Stat § 686A.390 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.390 - Approval of forms.

  1. Before using a form for an agreement or notice required by this chapter, a company must submit the proposed form to the Commissioner for approval. If the Commissioner does not disapprove a form within 60 days after it is submitted, the form shall be deemed approved.  2. The Commissioner shall not approve any form unless it complies with the provisions of NRS 686A.330 to 686A.520, inclusive.  3. An insurer, including any subsidiary of an insurer or corporation under substantially the same management or control as an insurer, shall file all forms for agreements and any related forms. The filing required in this subsection is in addition to the filings required pursuant to chapter 686B of NRS.  (Added to NRS by 1985, 1155; A 1993, 2395)
NV Rev Stat § 686A.400 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.400 - Records: Maintenance; form of preservation; open to Commissioner.

  1. A company shall maintain records of each transaction for 3 years after making the final entry with respect to the transaction. The records may be preserved in photographic form, on microfilm or microfiche or in a form approved by the Commissioner.  2. The records must be open to the Commissioner at all times. The Commissioner may require a company to furnish to the Commissioner in any form the Commissioner requires any information maintained in the company’s records.  (Added to NRS by 1985, 1155)
NV Rev Stat § 686A.410 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.410 - Examination of company by Commissioner.

The Commissioner may conduct an examination of a company at any time in accordance with NRS 679B.250 to 679B.287, inclusive. The expense of the examination must be borne by the company in accordance with NRS 679B.290 as if the company were an insurer.  (Added to NRS by 1985, 1155; A 1995, 1773)
NV Rev Stat § 686A.420 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.420 - Contents of agreement.

  1. An agreement executed in this state must be dated and signed by the insured. The printed portion of the agreement must be in not less than 8-point type. The agreement must include:  (a) The name and the address and telephone number of the business of the producer of insurance for the insurance contract to which the agreement relates;  (b) The name and the address of the business or residence of the insured;  (c) The name, address and telephone number of the company to which payments must be made;  (d) A brief description of any insurance policy involved; and  (e) Such other information as may be required by the Commissioner.  2. An agreement must have at its top in type which is more prominent than the text of the agreement, the words "Agreement For Financing Premium" or words of similar meaning. An agreement must contain a notice in type which is more prominent than the text of the agreement which reads as follows:  Notice:  1. Do not sign this agreement before you have read it or if it contains any blank spaces.  2. You are entitled to a copy of this agreement which is complete.  (Added to NRS by 1985, 1155; A 2017, 2340)
NV Rev Stat § 686A.430 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.430 - Furnishing of completed copy of agreement to insured.

The agent, broker or other person preparing an agreement shall furnish a completed copy of the agreement to the insured immediately after the insured signs the agreement.  (Added to NRS by 1985, 1156)
NV Rev Stat § 686A.440 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.440 - Interest; prepayment.

  1. A company shall not charge or collect a charge for interest which is not permitted by this section.  2. Interest must be computed on the balance due, after subtracting the down payment, from the effective date of the insurance contract or agreement, whichever is earlier, through the date on which the final installment is payable.  3. The rate of interest must be specified in the agreement. The agreement may provide for a service charge of not more than $25, and that the charge is not refundable.  4. An insured may prepay in full at any time the unpaid balance of the principal. The insured is entitled to a refund of the unearned portion of the prepaid interest. The refund must be at least as great a proportion of the prepaid interest as the sum of the periodic balances for each period beginning one period after the prepayment is made bears to the sum of all the periodic balances under the schedule of payments in the agreement. If the amount of the refund is less than $1, no refund need be made.  5. Any provision which purports to limit the insured’s right of prepayment pursuant to this section is void.  (Added to NRS by 1985, 1156)
NV Rev Stat § 686A.450 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.450 - Permissible charges: Late payment; returned check; collection costs or attorney’s fees.

  1. A company shall not impose or collect a fee or charge which is not authorized by this section.  2. An agreement may provide for a charge for any late payment of an installment of not less than $1 and not more than 5 percent of the installment.  3. A company may collect a fee of not more than $15 for each check returned to the company because the insured had insufficient money or credit with the drawee to pay the check or because the insured stopped payment on the check.  4. An agreement may provide for payment of collection costs or attorney’s fees, equal to 20 percent of the outstanding indebtedness if the agreement is referred for collection to a collection agency or attorney who is not an employee of the company.  (Added to NRS by 1985, 1156; A 1993, 2395)
NV Rev Stat § 686A.460 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.460 - Cancellation of insurance policy by company.

  1. When an agreement contains a power of attorney enabling the company, in the name of the insured, to cancel any insurance policy listed in the agreement, the insurance policy must not be cancelled by the company unless it is cancelled in accordance with this section.  2. A company shall mail written notice of its intent to cancel an insurance policy because of a default in payment under an agreement to the insured at the last known address of the insured as indicated in the records of the company and to the agent who submitted the agreement at least 10 days before the cancellation. If the default is cured within this 10-day period, the company shall not cancel the insurance policy.  3. If the default is not cured within the 10-day period, the company may cancel the policy if it mails to the insured at the last known address of the insured as indicated in the records of the company and to the insurer a notice of cancellation which must include the effective date of cancellation. The policy must be cancelled as if the notice of cancellation had been submitted by the insured, but without requiring the return of the policy.  4. No insurance policy may be cancelled for nonpayment of a charge for a late payment.  5. This section does not authorize the cancellation of an insurance policy without giving any other notice required by law or satisfying other conditions for cancellation.  6. A company shall not impose or collect a fee for the cancellation of a policy or agreement.  (Added to NRS by 1985, 1157; A 1993, 2396)
NV Rev Stat § 686A.470 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.470 - Return of unearned premium.

  1. When an insurance policy is cancelled pursuant to NRS 686A.460, the insurer shall return the unearned premium to the company for credit to the account of the insured. The premium must be mailed to the company:  (a) Within 45 days after receipt of the notice of cancellation; or  (b) Immediately following an audit performed to determine the amount of the premium. If such an audit is performed, it must be completed within 60 days after receipt of the notice of cancellation.  2. If the returned portion of the premium exceeds the insured’s obligation to the company, the company shall pay the excess to the insured within 30 days after receipt, except that no refund is required if the excess is less than $1.  3. If the returned portion of the premium is less than the insured’s obligation to the company, the company shall notify the insured within 15 days making a demand for payment, except that the company shall not make a demand for payment if the obligation is less than $1.  4. The company shall notify the agent who submitted the agreement of any refund paid directly to the insured pursuant to subsection 2 at the time the refund is paid. Within 15 days after receipt of this notice, the agent shall refund to the insured any unearned commissions which are owed to the insured as a result of the cancellation.  5. The company shall notify the agent who submitted the agreement of any deficiency. Within 30 days after receipt of the notice, the agent shall refund to the insured any unearned commissions which are owed to the insured as a result of the cancellation.  (Added to NRS by 1985, 1157; A 1993, 2396)
NV Rev Stat § 686A.480 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.480 - Prohibited payments: Membership in motor club; policy of insurance covering death or dismemberment.

An agreement must not include any payment for:  1. Membership in a motor club, as that term is defined in NRS 696A.050; or  2. A policy of insurance covering accidental death or dismemberment, whether or not the policy is sold in combination with another policy.  (Added to NRS by 1985, 1157)
NV Rev Stat § 686A.490 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.490 - No recourse against agent; limitation on inducements; prohibited acts by company, agent or broker.

  1. No agreement may contain a provision allowing a company recourse against the agent who submitted the agreement based upon the insured’s default in payments.  2. A company, broker or an agent of a company shall not offer to any person as an inducement to enter an agreement any gift, rebate or other consideration unless the consideration is an article of less than $2 in value which includes an advertisement of the company. This subsection does not prohibit a company from providing to a broker or an agent who submits the agreement to the company any supplies or equipment necessary to submit the agreement to the company. Any such supplies or equipment which is not disposable remains the property of the company.  3. A company or an agent or broker submitting an agreement shall not:  (a) Induce or attempt to induce an insured to become obligated under more than one agreement to obtain more than one initial charge for entering the agreement.  (b) Write any insurance in connection with the agreement, including life or health insurance limited to the amount advanced on behalf of the insured.  (Added to NRS by 1985, 1158; A 1993, 2397)
NV Rev Stat § 686A.500 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.500 - Disclosure of financial interest required; agent or broker who submits or performs services in connection with agreement prohibited from receiving compensation.

  1. Any licensed resident or nonresident agent or broker who has any financial interest in a company, other than in submitting agreements through the company, shall disclose to the insured, in the manner prescribed by the Commissioner, his or her interest in the company.  2. A licensed resident or nonresident agent or broker who submits any agreement shall not accept any compensation for arranging, directing or performing services in connection with the agreement. A company shall not pay or offer to pay any compensation to a licensed resident or nonresident agent or broker who submits an agreement to the company.  (Added to NRS by 1985, 1158; A 1993, 2397)
NV Rev Stat § 686A.510 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.510 - Penalties.

  1. A person who violates the provisions of NRS 686A.340 shall be punished by a fine of not more than $200 per day or $500 per agreement per day for every day the violation continues, whichever is greater.  2. A person who violates any other provision of NRS 686A.330 to 686A.520, inclusive, shall be punished by a fine of not more than $1,000.  3. A person who fails or refuses to comply with an order issued by the Commissioner pursuant to NRS 686A.330 to 686A.520, inclusive, shall be punished by a fine of not more than $1,000.  (Added to NRS by 1985, 1158; A 1993, 2397)
NV Rev Stat § 686A.520 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.520 - Applicability of other provisions.

  1. The provisions of NRS 683A.341, 683A.451, 683A.461 and 686A.010 to 686A.310, inclusive, apply to companies.  2. For the purposes of subsection 1, unless the context requires that a section apply only to insurers, any reference in those sections to "insurer" must be replaced by a reference to "company."  (Added to NRS by 1985, 1158; A 2001, 2215; 2019, 1704)
NV Rev Stat § 686A.600 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.600 - Definitions.

As used in NRS 686A.600 to 686A.730, inclusive, unless the context otherwise requires, the words and terms defined in NRS 686A.610 to 686A.660, inclusive, have the meanings ascribed to them in those sections.  (Added to NRS by 2003, 2801; A 2011, 3368)
NV Rev Stat § 686A.610 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.610 - "Adverse action" defined.

Adverse action means a denial or cancellation of, an increase in any charge for, or a reduction or other adverse or unfavorable change in the terms of coverage or amount of, any insurance, existing or applied for, in connection with any policy.  (Added to NRS by 2003, 2801)
NV Rev Stat § 686A.620 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.620 - "Affiliate" defined.

Affiliate means any company that controls, is controlled by or is under common control with another company.  (Added to NRS by 2003, 2802)
NV Rev Stat § 686A.630 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.630 - "Consumer credit report" defined.

Consumer credit report means any written, oral or other communication of information by a consumer reporting agency bearing on the credit worthiness, credit standing or credit capacity of an applicant or policyholder, and which is used or expected to be used or collected in whole or in part for the purpose of serving as a factor to determine:  1. Whether to issue, cancel or renew a policy; or  2. The amount of the premium for a policy.  (Added to NRS by 2003, 2802)
NV Rev Stat § 686A.640 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.640 - "Consumer reporting agency" defined.

Consumer reporting agency means any person which, for monetary fees, dues or on a cooperative nonprofit basis, regularly engages in whole or in part in the practice of assembling or evaluating consumer credit information or other information on consumers for the purpose of furnishing consumer credit reports to third parties.  (Added to NRS by 2003, 2802)
NV Rev Stat § 686A.650 (2021)
2021 Nevada Revised Statutes|Chapter 686A - Trade Practices and Frauds; Financing of Premiums|NRS 686A.650 - "Credit information" defined.

Credit information means any information that is related to credit and derived from a consumer credit report, found on a consumer credit report or provided on an application for a policy. The term does not include information that is not related to credit, regardless of whether it is contained in a consumer credit report or in an application for a policy, or is used to calculate an insurance score.  (Added to NRS by 2003, 2802)