reglab/housing_qa huggingface dataset:
NV Rev Stat § 683A.231 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.231 - Licensing of bank.

  1. For the purposes of this section:  (a) "Affiliate" means a person that directly, or indirectly through one or more intermediaries, is controlled by, or is under common control with, a bank.  (b) "Bank" means any institution that accepts deposits that the depositor has a legal right to withdraw on demand.  (c) "Financial holding company" means a bank holding company as defined in section 4(l)(2) of the Bank Holding Company Act of 1956, 12 U.S.C. § 1841(l)(1).  (d) "Parent" means a person that owns or controls a bank, directly or indirectly, in whole or in part.  (e) "Subsidiary" means a person owned or controlled by a bank, directly or indirectly, in whole or in part.  2. A bank may be licensed as a producer of insurance in this state:  (a) To the extent permitted by Title V of Public Law 106-102, 15 U.S.C. §§ 6801 et seq.; and  (b) For credit insurance, as defined in NRS 690A.015, and credit property insurance.  3. A bank must not be licensed or admitted as an insurer.  4. The provisions of subsection 3 do not prohibit the licensing by the Commissioner of an affiliate, financial holding company, parent or subsidiary of a bank to sell insurance or be admitted as an insurer.  (Added to NRS by 1971, 1638; A 1987, 2285; 1993, 2281; 1995, 1614; 1997, 782; 2001, 2204)
NV Rev Stat § 683A.241 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.241 - Examination for license: Requirement; contents; regulations; contracts for administration; fee; failure to appear.

  1. A resident natural person applying for a license as a producer of insurance must pass a written examination unless exempt under NRS 683A.291. The examination must test knowledge concerning the lines of authority for which application is made, the duties and responsibilities of a producer and the laws and regulations of this state relating to insurance. The Commissioner shall adopt regulations for developing and conducting examinations required by this section.  2. The Commissioner may contract with a person outside the Division for administering examinations, processing applications, collecting fees and performing any other functions the Commissioner considers appropriate.  3. Each natural person applying for an examination shall pay a nonrefundable fee in an amount prescribed by the Commissioner to defray the cost of processing the application and administering the examination.  4. An applicant who fails to appear for the examination as scheduled or fails to pass the examination must reapply for examination and pay the required fee in order to be scheduled for another examination.  (Added to NRS by 2001, 2192)
NV Rev Stat § 683A.242 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.242 - Exemption from examination and educational requirements for producers of limited lines travel insurance and travel retailers. [Effective through December 31, 2019.]

  1. An applicant for, or holder of, a license issued pursuant to NRS 683A.265 is not required to pass a written examination or meet any prelicensing education or continuing education requirements to receive or renew a license.  2. A travel retailer who is listed in the register maintained pursuant to NRS 683A.3685 or any employee or authorized representative of such a travel retailer who is listed in the register of a producer of limited lines travel insurance, is not required to pass any written examination or complete any education requirements other than the program of instruction or training required by paragraph (f) of subsection 1 of NRS 683A.369.  (Added to NRS by 2015, 1200)
NV Rev Stat § 683A.242 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.242 - Exemption from written examination and certain educational requirements for producers of limited lines travel insurance and travel retailers. [Effective January 1, 2020.]

  1. An applicant for, or holder of, a license issued pursuant to NRS 683A.265 is not required to pass a written examination or meet any continuing education requirements to receive or renew a license.  2. A travel retailer who is listed in the register maintained pursuant to NRS 683A.3685 or any employee or authorized representative of such a travel retailer who is listed in the register of a producer of limited lines travel insurance, is not required to pass any written examination or complete any education requirements other than the program of instruction or training required by paragraph (f) of subsection 1 of NRS 683A.369.  (Added to NRS by 2015, 1200; A 2019, 3028, effective January 1, 2020)
NV Rev Stat § 683A.265 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.265 - Licensing of producer of limited lines travel insurance.

In accordance with the provisions of NRS 683A.191 to 683A.370, inclusive, the Commissioner may issue a license as a producer of limited lines travel insurance to a person who has filed with the Commissioner. A license issued pursuant to this section authorizes the licensee to sell, solicit or negotiate travel insurance through a licensed agent.  (Added to NRS by 2015, 1199)
NV Rev Stat § 683A.271 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.271 - Licensing of nonresident persons; participation by Commissioner in centralized registry; required notifications.

  1. Unless the Commissioner refuses to issue the license under NRS 683A.451, the Commissioner shall issue a license as a producer of insurance to a nonresident person if the nonresident person:  (a) Is currently licensed as a resident and in good standing in his or her home state;  (b) Has made the proper request for licensure and paid all applicable fees prescribed for the license;  (c) Has sent to the Commissioner the application for licensure that the nonresident person made in his or her home state, or a completed uniform application;  (d) Has a home state which issues nonresident licenses as producers of insurance to residents of this State pursuant to substantially the same procedure; and  (e) Establishes and maintains a valid electronic mail address at the applicant’s own expense.  2. The Commissioner may participate with the National Association of Insurance Commissioners or a subsidiary in a centralized registry in which licensing and appointment of producers of insurance may be effected for all states that require licensing and participate in the registry. If the Commissioner finds that participation is in the public interest, the Commissioner may adopt by regulation any uniform standards and procedures necessary for participation, including central collection of fees for licensing and appointment that are handled through the registry.  3. A nonresident producer who moves from one state to another state shall file a change of address and certification from the new state of residence within 30 days after the change of legal residence. No fee or application for license is required.  4. A nonresident licensed as a producer for surplus lines in his or her home state must be issued a nonresident license of that kind in this State pursuant to subsection 1, subject in all other respects to chapter 685A of NRS. A nonresident licensed as a producer for limited lines in his or her home state is entitled to a nonresident license of that kind in this State pursuant to subsection 1, granting the same scope of authority as the license issued in the home state. As used in this subsection, insurance for limited lines is authority granted by the home state which is restricted to less than the total authority prescribed for the associated major lines pursuant to NRS 683A.261.  5. A nonresident firm or corporation maintaining a physical business location in this State shall notify the Commissioner of each physical location in this State from which it transacts business. A nonresident firm or corporation shall maintain a list identifying the locations outside this State from which it transacts business and provide the list to the Commissioner upon request.  (Added to NRS by 2001, 2195; A 2005, 2124; 2009, 1774; 2015, 2840, 3469)
NV Rev Stat § 683A.281 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.281 - Nonresident licensees: Service of process; agreement to appear.

  1. Every nonresident licensed by this state as a producer of insurance shall appoint the Commissioner in writing as his or her attorney upon whom may be served all legal process issued in connection with any action or proceeding brought or pending in this state against or involving the licensee and relating to transactions under his or her Nevada license. The appointment is irrevocable and continues in force for so long as any such action or proceeding may arise or exist. Duplicate copies of process must be served upon the Commissioner or other person in apparent charge of the Division during the Commissioner’s absence, accompanied by payment of the fee for service of process. Upon such service the Commissioner shall promptly forward a copy of the process by certified mail with return receipt requested to the nonresident licensee at his or her business address last of record with the Division. Process served and the copy thereof forwarded as provided in this subsection constitutes for all purposes personal service thereof upon the licensee.  2. Every such licensee shall likewise file with the Commissioner his or her written agreement to appear before the Commissioner pursuant to notice of hearing, show cause order or subpoena issued by the Commissioner and deposited, postage paid, by certified mail with the United States Postal Service, addressed to the licensee at his or her address last of record in the Division, and that upon failure of the licensee so to appear the licensee thereby consents to any subsequent suspension, revocation or refusal of the Commissioner to continue the licensee’s license.  (Added to NRS by 1971, 1651; A 1987, 735; 1991, 1625; 1993, 1914; 2001, 2206)
NV Rev Stat § 683A.291 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.291 - Licensing of producer previously licensed for same lines of authority in another state; exemption from examination for producer who confines activity to certain types of insurance. [Effective through December 31, 2019.]

  1. An applicant for licensing in this state as a producer of insurance who was previously licensed for the same lines of authority in another state need not complete any education or examination if the applicant is currently licensed in that state or, if the application is received within 90 days after the cancellation of the license, the other state certifies that the applicant was in good standing at the time of cancellation. Alternatively, the exemption is available if the records of the National Association of Insurance Commissioners show that the applicant is or was licensed and in good standing for the lines of authority requested.  2. An examination is not required for a producer of insurance who confines his or her activity to insurance categorized as limited line, credit, travel, portable electronics, baggage or fixed annuity, or covering vehicles leased for a short term.  3. A person licensed in another state who moves to this state and desires to become licensed as a resident producer of insurance with the benefit of the exemption provided in subsection 1 must apply for licensing within 90 days after establishing legal residence.  (Added to NRS by 2001, 2195; A 2011, 2030)
NV Rev Stat § 683A.291 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.291 - Exemption from education and examination for producer previously licensed for same lines of authority in another state; exemption from examination for producer who confines activity to certain types of insurance. [Effective January 1, 2020.]

  1. An applicant for licensing in this state as a producer of insurance who was previously licensed for the same lines of authority in another state need not complete any education or examination if the applicant is currently licensed in that state or, if the application is received within 90 days after the cancellation of the license, the other state certifies that the applicant was in good standing at the time of cancellation. Alternatively, the exemption is available if the records of the National Association of Insurance Commissioners show that the applicant is or was licensed and in good standing for the lines of authority requested.  2. An examination is not required for a producer of insurance who confines his or her activity to insurance categorized as limited line, credit, travel, portable electronics or rental car.  3. A person licensed in another state who moves to this state and desires to become licensed as a resident producer of insurance with the benefit of the exemption provided in subsection 1 must apply for licensing within 90 days after establishing legal residence.  (Added to NRS by 2001, 2195; A 2011, 2030; 2019, 3031, effective January 1, 2020)
NV Rev Stat § 683A.301 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.301 - Use of true or fictitious name by applicant for license or licensee.

  1. An applicant for a license as a producer of insurance or a licensee who desires to use a name other than his or her true name as shown on the license shall submit a request for approval of the name and file with the Commissioner a certified copy of the certificate or any renewal certificate filed pursuant to chapter 602 of NRS. An incorporated applicant or licensee shall file with the Commissioner a document showing the corporation’s true name and all fictitious names under which it conducts or intends to conduct business. A licensee shall file promptly with the Commissioner a written notice of any change in or discontinuance of the use of a fictitious name.  2. The Commissioner may disapprove in writing the use of a true name, other than the true name of a natural person who is the applicant or licensee, or a fictitious name of 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.  (c) The name states or implies that the applicant or licensee is an insurer, motor club or hospital service plan or is entitled to engage in activities related to insurance not permitted under the license applied for or held.  (d) The name states or implies that the licensee is an underwriter, but:  (1) A natural person licensed as a producer of insurance for life insurance may describe himself or herself as an underwriter or "chartered life underwriter" if entitled to do so;  (2) A natural person licensed for property and casualty insurance may use the designation "chartered property and casualty underwriter" if entitled thereto; and  (3) A trade association for producers of insurance may use a name containing the word "underwriter."  (e) The licensee submits a request to use more than one fictitious name at a single business location.  3. A licensee shall not use a name after written notice from the Commissioner indicates that its use violates the provisions of this section. If the Commissioner determines that the use is justified by mitigating circumstances, the Commissioner may permit, in writing, the use of the name to continue for a specified reasonable period upon conditions imposed by the Commissioner for the protection of the public consistent with this section.  4. Paragraphs (a), (c) and (d) of subsection 2 do not apply to the true name of an organization which on July 1, 1965, held under that name a type of license similar to those governed by this chapter, or to a fictitious name used on July 1, 1965, by a natural person or organization holding such a license, if the fictitious name was filed with the Commissioner on or before July 1, 1965.  (Added to NRS by 2001, 2196; A 2003, 156, 3296; 2017, 2338)
NV Rev Stat § 683A.311 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.311 - Temporary licenses: Authority of Commissioner; expiration.

  1. The Commissioner may issue a temporary license as a producer of insurance to any of the following for 180 days or less without requiring an examination if the Commissioner believes that the temporary license is necessary to carry on the business of insurance:  (a) The surviving spouse, personal representative or guardian of a licensed producer who dies or becomes incompetent or incapacitated, to allow adequate time for the sale of the business, the recovery or return of the producer, or the training and licensing of new personnel to operate the business;  (b) A member or employee of a business organization licensed as a producer, upon the death or disability of the natural person designated in its application or license;  (c) The designee of a licensed producer entering active service in the Armed Forces of the United States; or  (d) A person in any other circumstance where the Commissioner believes that the public interest will be best served by issuing the license.  2. The Commissioner may limit by order the authority of a temporary licensee as the Commissioner believes necessary to protect persons insured and the public. The Commissioner may require the temporary licensee to have a suitable sponsor who is licensed as a producer of insurance or authorized as an insurer and who assumes responsibility for all acts of the temporary licensee, and may impose similar requirements to protect persons insured and the public. The Commissioner may revoke a temporary license by order if the interests of persons insured or the public are endangered. A temporary license expires when the owner or the personal representative or guardian of the owner disposes of the business.  (Added to NRS by 2001, 2196)
NV Rev Stat § 683A.321 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.321 - Appointment of producer as agent of insurer; fees for agents; activities of producer as broker.

  1. A producer of insurance shall not act as an agent unless he or she is appointed as an agent by the insurer. A producer who is not acting as an agent is a broker who does not need to be appointed.  2. To appoint a producer of insurance as its agent, an insurer must file, in a form approved by the Commissioner, a notice of appointment within 15 days after the contract is executed or the first application for insurance is submitted. An insurer may appoint a producer to act as agent for all or some insurers within its holding company or group by filing a single notice of appointment. A notice of appointment may include several agents.  3. Upon receipt of a notice of appointment, the Commissioner shall determine within 30 days whether the producer of insurance is eligible for appointment. If the producer of insurance is not, the Commissioner shall so notify the insurer within 5 days after the determination is made.  4. An insurer shall pay an appointment fee and remit an annual renewal fee for each producer of insurance appointed as its agent. A payment or remittance may include fees for several agents.  5. A broker shall not place insurance, other than life insurance, health insurance, annuity contracts or coverage written pursuant to the Nonadmitted Insurance Law set forth in chapter 685A of NRS, that covers property or risks within this state unless the broker does so with a licensed agent of an authorized insurer.  6. A producer who is acting as an agent may also act as and be a broker with regard to insurers for which he or she is not acting as an agent. The sole relationship between an insurer and a broker who is appointed as an agent by the insurer as to any transactions arising during the period in which the broker is appointed as an agent is that of insurer and agent, and not insurer and broker.  7. As used in this section:  (a) "Agent" means a producer of insurance who is compensated by the insurer and sells, solicits or negotiates insurance for the insurer.  (b) "Broker" means a producer of insurance who:  (1) Is not an agent of an insurer;  (2) Solicits, negotiates or procures insurance on behalf of an insured or prospective insured; and  (3) Does not have the power, by his or her own actions as a broker, to obligate an insurer upon any risk or with reference to any transaction of insurance.  (Added to NRS by 2001, 2199; A 2011, 2009)
NV Rev Stat § 683A.325 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.325 - Commissions and compensation.

  1. Except as otherwise provided in NRS 683A.3687 or 691D.220, a producer of insurance who is appointed as an agent may pay a commission or compensation for or on account of the selling, soliciting, procuring or negotiating of insurance in this State only to a licensed and appointed producer of insurance of the insurer with whom insurance was placed or to a licensed producer acting as a broker.  2. A licensee shall not accept any commission or compensation to which the licensee is not entitled pursuant to the provisions of this title.  (Added to NRS by 2005, 2121; A 2015, 1203; 2017, 4001)
NV Rev Stat § 683A.341 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.341 - Reports to Commissioner: Administrative action or criminal prosecution against producer.

A producer of insurance shall report to the Commissioner:  1. Any administrative action taken against the producer of insurance in another jurisdiction or by another governmental agency in this state, within 30 days after the final disposition of the matter. The report must include a copy of the complaint filed, the order issued and any other relevant legal documents.  2. Any criminal prosecution against the producer of insurance in any jurisdiction, within 30 days after the initial pretrial hearing. The report must include a copy of the complaint filed, the order as a result of the pretrial hearing and other relevant legal documents.  (Added to NRS by 2001, 2200)
NV Rev Stat § 683A.351 (2021)
2021 Nevada Revised Statutes|Chapter 683A - Persons Involved in Sale or Administration of Insurance|NRS 683A.351 - Records of transactions: Maintenance; examination by Commissioner; destruction.

  1. Every producer of insurance shall keep complete records of transactions under his or her license. The records must show, for each insurance policy placed or countersigned by or through the licensee, not less than the names of the insurer and insured, the number and expiration date of, and premium payable as to, the policy or contract, the names of all other persons from whom business is accepted or to whom commissions are promised or paid, all premiums collected, and such additional information as the Commissioner may reasonably require.  2. The records must be open to examination of the Commissioner at all times, and the Commissioner may at any time require the licensee to furnish to the Commissioner, in such a manner or form as the Commissioner requires, any information kept or required to be kept in those records. The records may be kept in an electronic format if, using the electronic format, the records are retained in accordance with this section.  3. Records of a particular policy or contract may be destroyed 3 years after expiration of the policy or contract.  (Added to NRS by 1971, 1653; A 1977, 218; 1985, 484; 1993, 2388; 2001, 2208; 2003, 3297)