reglab/housing_qa huggingface dataset:
NV Rev Stat § 685A.120 (2021)
2021 Nevada Revised Statutes|Chapter 685A - Nonadmitted Insurance|NRS 685A.120 - Licensing of brokers; expiration and renewal of license. [Effective on the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]

  1. No person may act as, hold himself or herself out as or be a surplus lines broker with respect to subjects of insurance for which this State is the insured’s home state unless the person is licensed as such by the Commissioner pursuant to this chapter.  2. Any person who has been licensed by this State as a producer of insurance for general lines for at least 6 months, or has been licensed in another state as a surplus lines broker and continues to be licensed in that state, and who is deemed by the Commissioner to be competent and trustworthy with respect to the handling of surplus lines may be licensed as a surplus lines broker upon:  (a) Application for a license and payment of all applicable fees for a license; and  (b) Passing any examination prescribed by the Commissioner on the subject of surplus lines.  3. Application for the license must be made to the Commissioner on forms designated and furnished by the Commissioner.  4. A license issued pursuant to this chapter continues in force for 3 years unless it is suspended, revoked or otherwise terminated. The license may be renewed by payment of all applicable fees for renewal to the Commissioner on or before the last day of the month in which the license is renewable.  5. A license which is not renewed expires at midnight on the last day specified for its renewal. The Commissioner may accept a request for renewal received by the Commissioner within 30 days after the expiration of the license if the request is accompanied by:  (a) All applicable fees for renewal; and  (b) A penalty in an amount that is equal to 50 percent of all applicable fees for renewal, except for any fee required pursuant to NRS 680C.110.  (Added to NRS by 1971, 1677; A 1977, 1329; 1981, 1019; 1985, 600; 1987, 462; 1995, 1102, 1617; 1997, 516, 2195; 1999, 2798; 2003, 3302; 2005, 2129, 2130; 2009, 1783; 2011, 2017; 2015, 2842, effective on the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings)
NV Rev Stat § 685A.127 (2021)
2021 Nevada Revised Statutes|Chapter 685A - Nonadmitted Insurance|NRS 685A.127 - Payment of child support: Statement by applicant for license; grounds for denial of license; duty of Commissioner. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]

  1. An applicant for the issuance or renewal of a surplus lines broker’s license shall submit to the Commissioner the statement prescribed by the Division of Welfare and Supportive Services of the Department of Health and Human Services pursuant to NRS 425.520. The statement must be completed and signed by the applicant.  2. The Commissioner shall include the statement required pursuant to subsection 1 in:  (a) The application or any other forms that must be submitted for the issuance or renewal of the license; or  (b) A separate form prescribed by the Commissioner.  3. A surplus lines broker’s license may not be issued or renewed by the Commissioner if the applicant:  (a) Fails to submit the statement required pursuant to subsection 1; or  (b) Indicates on the statement submitted pursuant to subsection 1 that the applicant is subject to a court order for the support of a child and is not in compliance with the order or a plan approved by the district attorney or other public agency enforcing the order for the repayment of the amount owed pursuant to the order.  4. If an applicant indicates on the statement submitted pursuant to subsection 1 that the applicant is subject to a court order for the support of a child and is not in compliance with the order or a plan approved by the district attorney or other public agency enforcing the order for the repayment of the amount owed pursuant to the order, the Commissioner shall advise the applicant to contact the district attorney or other public agency enforcing the order to determine the actions that the applicant may take to satisfy the arrearage.  (Added to NRS by 1997, 2194)
NV Rev Stat § 685A.133 (2021)
2021 Nevada Revised Statutes|Chapter 685A - Nonadmitted Insurance|NRS 685A.133 - Suspension of license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of license. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]

  1. If the Commissioner receives a copy of a court order issued pursuant to NRS 425.540 that provides for the suspension of all professional, occupational and recreational licenses, certificates and permits issued to a person who is the holder of a surplus lines broker’s license, the Commissioner shall deem the license issued to that person to be suspended at the end of the 30th day after the date on which the court order was issued unless the Commissioner receives a letter issued to the holder of the license by the district attorney or other public agency pursuant to NRS 425.550 stating that the holder of the license has complied with the subpoena or warrant or has satisfied the arrearage pursuant to NRS 425.560.  2. The Commissioner shall reinstate a surplus lines broker’s license that has been suspended by a district court pursuant to NRS 425.540 if the Commissioner receives a letter issued by the district attorney or other public agency pursuant to NRS 425.550 to the person whose license was suspended stating that the person whose license was suspended has complied with the subpoena or warrant or has satisfied the arrearage pursuant to NRS 425.560.  (Added to NRS by 1997, 2195)
NV Rev Stat § 685A.140 (2021)
2021 Nevada Revised Statutes|Chapter 685A - Nonadmitted Insurance|NRS 685A.140 - Suspension or revocation of broker’s license.

  1. In addition to other grounds therefor, the Commissioner may suspend or revoke any surplus lines broker’s license:  (a) If the broker fails to file the quarterly statement or to remit the tax as required by NRS 685A.175 and 685A.180;  (b) If the broker fails to maintain an office in this state or in the state where the broker was issued a license as a resident broker, or to keep the records, or to allow the Commissioner to examine his or her records as required by this chapter, or if the broker removes his or her records from the state; or  (c) If this State is the insured’s home state and the broker places a surplus lines coverage in an insurer other than as authorized under this chapter.  2. Upon suspending or revoking the broker’s surplus lines license the Commissioner may also suspend or revoke all other licenses of or as to the same individual under this Code.  (Added to NRS by 1971, 1677; A 1999, 2798; 2011, 2017)
NV Rev Stat § 685A.150 (2021)
2021 Nevada Revised Statutes|Chapter 685A - Nonadmitted Insurance|NRS 685A.150 - Broker may accept business from licensed producer of insurance; compensation.

A licensed surplus lines broker may accept surplus lines business from any producer of insurance licensed in this state for the kind of insurance involved and may compensate the producer of insurance therefor.  (Added to NRS by 1971, 1678; A 1979, 1923; 2017, 2340)
NV Rev Stat § 685A.155 (2021)
2021 Nevada Revised Statutes|Chapter 685A - Nonadmitted Insurance|NRS 685A.155 - Licensed surplus lines broker may charge fee for procuring coverage; maximum amount of fee.

The licensed surplus lines broker who is first engaged by or on behalf of an applicant for insurance may charge a fee for procuring surplus lines coverage. Except as otherwise provided by agreement between the insurer and that broker, the sum of the fee and any other commissions, fees and charges payable to that broker must not exceed 20 percent of the premium paid by the insured.  (Added to NRS by 1987, 1149; A 2017, 4002; 2019, 1704)
NV Rev Stat § 685A.160 (2021)
2021 Nevada Revised Statutes|Chapter 685A - Nonadmitted Insurance|NRS 685A.160 - Records of broker.

  1. Each broker shall keep in his or her office a full and true record of each surplus lines coverage procured by the broker for which this State is the insured’s home state, including a copy of each daily report, if any, a copy of each certificate of insurance issued by the broker, and such of the following items as may be applicable:  (a) The amount of the insurance;  (b) The gross premium charged;  (c) The return premium paid, if any;  (d) The rate of premium charged upon the several items of property;  (e) The effective date of the contract, and the terms thereof;  (f) The name and address of each insurer on the direct risk and the proportion of the entire risk assumed by that insurer if less than the entire risk;  (g) The name and address of the insured;  (h) A brief general description of the property or risk insured and where located or to be performed; and  (i) Any other information as may be required by the Commissioner.  2. The record must not be removed from the office of the broker and must be open to examination by the Commissioner or a representative of the Commissioner at all times within 5 years after issuance of the coverage to which it relates.  (Added to NRS by 1971, 1678; A 1999, 2799; 2011, 2018)
NV Rev Stat § 685A.175 (2021)
2021 Nevada Revised Statutes|Chapter 685A - Nonadmitted Insurance|NRS 685A.175 - Quarterly report and payment of tax by certain brokers.

  1. A broker who has written coverage for which this State is the insured’s home state shall pay, by the date described in subsection 2, the tax for each calendar quarter as directed by the Commissioner and shall file as directed by the Commissioner a copy of a quarterly report which includes an accounting of:  (a) The aggregate gross premiums for the quarter;  (b) The aggregate of the return premiums received; and  (c) The amount of tax remitted to the Commissioner.  The report must be on a form approved by the Commissioner.  2. The tax filings and payments required by subsection 1 must be submitted by:  (a) February 15 for the calendar quarter ending the preceding December 31.  (b) May 15 for the calendar quarter ending the preceding March 31.  (c) August 15 for the calendar quarter ending the preceding June 30.  (d) November 15 for the calendar quarter ending the preceding September 30.  (Added to NRS by 1985, 600; A 1995, 1617; 2011, 2018; 2017, 4003)
NV Rev Stat § 685A.180 (2021)
2021 Nevada Revised Statutes|Chapter 685A - Nonadmitted Insurance|NRS 685A.180 - Tax on surplus lines.

  1. On or before the date described in subsection 2 of NRS 685A.175 for each quarter, each broker shall pay as directed by the Commissioner a tax on surplus lines coverages for which this State is the insured’s home state written by the broker in unauthorized insurers during the preceding calendar quarter at the same rate of tax as imposed by law on the premiums of similar coverages written by authorized insurers, in addition to any fees imposed pursuant to NRS 685A.075.  2. On or before the date described in subsection 2 of NRS 685A.175 for each quarter, each insured for which this State is the home state shall pay as directed by the Commissioner a tax on independently procured insurance written for the insured by an unauthorized insurer during the preceding calendar quarter at the same rate of tax as imposed by law on the premiums of similar coverages written by authorized insurers, in addition to any fees imposed pursuant to NRS 685A.075.  3. For the purposes of this section, the "premium" on surplus lines coverages includes:  (a) The gross amount charged by the insurer for the insurance, less any return premium;  (b) Any fee allowed by NRS 685A.155;  (c) Any policy fee;  (d) Any membership fee;  (e) Any inspection fee; and  (f) Any other fees or assessments charged by the insurer as consideration for the insurance.  Premium does not include any additional amount charged for state or federal tax, or for executing or completing affidavits or reports of coverage.  4. All taxes collected as directed by the Commissioner pursuant to this section must be promptly deposited with the State Treasurer to the credit of the State General Fund.  5. A broker who receives a credit for tax paid shall refund to each insured the amount of the credit attributable to the insured when the insurer pays a return premium or within 30 days, whichever is earlier.  (Added to NRS by 1971, 1678; A 1983, 827; 1985, 601; 1995, 1618; 2003, 3302; 2011, 2019; 2017, 4003)
NV Rev Stat § 685A.190 (2021)
2021 Nevada Revised Statutes|Chapter 685A - Nonadmitted Insurance|NRS 685A.190 - Failure to file statement or pay tax; penalties; statute of limitations.

  1. A broker who fails to make and file the quarterly statement required pursuant to NRS 685A.175 is liable for a penalty of $500.  2. Except as otherwise provided in this subsection, a broker who fails to pay the tax required by NRS 685A.180 is liable:  (a) If the aggregate amount of the tax owed by the broker is more than $50, for a penalty in the first year of delinquency in the amount of $1,000 or 125 percent of the delinquent tax, whichever is larger; or  (b) If the aggregate amount of the tax owed by the broker is $50 or less, for a penalty in the first year of delinquency in an amount equal to the amount of the delinquent tax.  3. Interest must be charged on all penalties imposed pursuant to subsection 2 in an amount equal to the prime rate at the largest bank in the State of Nevada, as ascertained by the Commissioner of Financial Institutions on January 1 of the year in which the tax became due, plus 2 percent. The rate must be adjusted on July 1 and January 1 thereafter. The interest charged must be compounded monthly and must continue to accrue until the penalty and interest are paid in full.  4. The tax may be collected by distraint, or the tax and penalty may be recovered by an action instituted by the Commissioner, in the name of the State, the Attorney General representing the Commissioner, in any court of competent jurisdiction. The penalty, when so collected, must be paid to the State Treasurer for credit to the State General Fund.  5. No proceeding to recover taxes, penalties or fines pursuant to this section may be maintained unless it is commenced by the giving of notice to the person against whom the proceeding is brought within 5 years after the occurrence of the charged act or omission. This limitation does not apply if the Commissioner finds fraudulent or willful evasion of taxes.  (Added to NRS by 1971, 1679; A 1985, 601; 1995, 1618, 2676; 2011, 2020)
NV Rev Stat § 685A.200 (2021)
2021 Nevada Revised Statutes|Chapter 685A - Nonadmitted Insurance|NRS 685A.200 - Suit against insurers; venue; process.

  1. An unauthorized insurer effecting insurance under the provisions of the Nonadmitted Insurance Law shall be deemed to be transacting insurance in this state as an unlicensed insurer and may be sued in a district court of this state upon any cause of action arising against it in this state under any insurance contract entered into by it under this chapter.  2. Service of legal process against the insurer may be made in any such action by service of two copies thereof upon the Commissioner or an authorized representative of the Commissioner and payment of the fee specified in NRS 680B.010. The Commissioner or an authorized representative of the Commissioner shall forthwith mail a copy of the process served to the person designated by the insurer in the policy for the purpose by prepaid registered or certified mail with return receipt requested. If no such person is so designated in the policy, the Commissioner or an authorized representative of the Commissioner shall in like manner mail a copy of the process to the broker through whom the insurance was procured, or to the insurer at its principal place of business, addressed to the address of the broker or insurer, as the case may be, last of record with the Commissioner. Upon service of process upon the Commissioner or an authorized representative of the Commissioner and its mailing in accordance with this subsection, the court shall be deemed to have jurisdiction in personam of the insurer.  3. The defendant insurer has 40 days from the date of service of the summons and complaint upon the Commissioner or an authorized representative of the Commissioner within which to plead, answer or defend any such suit.  4. An unauthorized insurer entering into such an insurance contract shall be deemed thereby to have authorized service of process against it in the manner and to the effect provided in this section. Any such contract, if issued, must contain a provision stating the substance of this section and designating the person to whom the Commissioner or an authorized representative of the Commissioner shall mail process as provided in subsection 2.  5. For the purposes of this section, "process" includes only a summons or the initial documents served in an action. The Commissioner or an authorized representative of the Commissioner is not required to serve any documents after the initial service of process.  (Added to NRS by 1971, 1679; A 1985, 610; 1995, 1619; 2011, 2020)
NV Rev Stat § 685A.205 (2021)
2021 Nevada Revised Statutes|Chapter 685A - Nonadmitted Insurance|NRS 685A.205 - Regulations: Compliance with federal law relating to nonadmitted insurance.

The Commissioner may adopt regulations as necessary to ensure compliance with federal law relating to nonadmitted insurance, including, without limitation, the Nonadmitted and Reinsurance Reform Act, 15 U.S.C. §§ 8201, et seq.  (Added to NRS by 2011, 2012)
NV Rev Stat § 685A.210 (2021)
2021 Nevada Revised Statutes|Chapter 685A - Nonadmitted Insurance|NRS 685A.210 - Regulations; penalty.

  1. The Commissioner may adopt reasonable regulations, consistent with the provisions of this chapter, for any of the following purposes:  (a) Effectuation of the law;  (b) Establishment of procedures through which determination is to be made as to the eligibility of particular proposed coverages for export;  (c) Establishment of procedures for the operation of a nonprofit organization of brokers designed to assist brokers in complying with the provisions of this chapter; and  (d) The use of electronic signatures and the acceptance and transmission of electronic records and payments, including transactions involving claims and other transactions relating to surplus lines insurance.  2. Such regulations carry the penalty provided by NRS 679B.130.  (Added to NRS by 1971, 1680; A 1977, 99; 1979, 1923; 1995, 1619; 2011, 3366)
NV Rev Stat § 685A.220 (2021)
2021 Nevada Revised Statutes|Chapter 685A - Nonadmitted Insurance|NRS 685A.220 - Applicability of other provisions.

In addition to those referred to in other provisions of this chapter, the following provisions of chapter 683A of NRS, to the extent applicable and not inconsistent with the express provisions of this chapter, also apply to surplus lines brokers:  1. NRS 683A.341;  2. NRS 683A.361;  3. NRS 683A.400;  4. NRS 683A.451;  5. NRS 683A.461;  6. NRS 683A.490; and  7. NRS 683A.520.  (Added to NRS by 1971, 1680; A 2001, 2214; 2005, 2131; 2019, 1704)
NV Rev Stat § 685B.010 (2021)
2021 Nevada Revised Statutes|Chapter 685B - Unauthorized Insurers; Prohibitions, Process and Advertising|NRS 685B.010 - Purpose of chapter.

The purpose of this chapter is to subject certain persons and insurers to the jurisdiction of the Commissioner and the courts of this state in suits by or on behalf of the state. The Legislature declares that it is concerned with the protection of residents of this state against acts by insurers not authorized to do an insurance business in this state, by the maintenance of fair and honest insurance markets, by protecting authorized insurers which are subject to regulation from unfair competition by unauthorized insurers, and by protecting against the evasion of the insurance regulatory laws of this state. In furtherance of such state interest, the Legislature provides methods in this chapter for substituted service of process upon such insurers in any proceeding, suit or action in any court and substituted service of any notice, order, pleading or process upon such insurers in any proceeding by the Commissioner to enforce or effect full compliance with the insurance laws of this state. In so doing, the State exercises its powers to protect residents of this state and to define what constitutes transacting an insurance business in this state, and also exercises powers and privileges available to this state by virtue of Public Law 79-15, (1945), 79th Congress of the United States, Chapter 20, 1st Sess., S. 340, 59 Stat. 33; 15 U.S.C. §§ 1011 to 1015, inclusive, as amended, which declares that the business of insurance and every person engaged therein shall be subject to the laws of the several states.  (Added to NRS by 1971, 1681)
NV Rev Stat § 685B.020 (2021)
2021 Nevada Revised Statutes|Chapter 685B - Unauthorized Insurers; Prohibitions, Process and Advertising|NRS 685B.020 - Short title.

NRS 685B.020 to 685B.087, inclusive, constitute and may be cited as the Unauthorized Insurers Act.  (Added to NRS by 1971, 1681)
NV Rev Stat § 685B.040 (2021)
2021 Nevada Revised Statutes|Chapter 685B - Unauthorized Insurers; Prohibitions, Process and Advertising|NRS 685B.040 - Injunctive relief.

  1. Whenever the Commissioner believes, from evidence satisfactory to the Commissioner, that any insurer is violating or is about to violate the provisions of NRS 685B.030, the Commissioner may, through the Attorney General, cause a complaint to be filed in the district court seeking to enjoin and restrain such insurer from continuing such violation or engaging therein or doing any act in furtherance thereof.  2. The district court has jurisdiction of the proceeding and has the power to make and enter an order or judgment awarding such preliminary or final injunctive relief as in its judgment is proper.  (Added to NRS by 1971, 1683)