Nev. Admin. Code § 686A.570

Current through November 8, 2024
Section 686A.570 - Right to replace policy; knowledge of existing policy
1. The provisions of NAC 686A.510 to 686A.577, inclusive, are not intended to limit the right of a policyholder to replace existing policies.
2. If an existing policy is to be replaced, an agent shall be deemed to have knowledge of the existence of such a policy, whether or not the policyholder indicates that there is a replacement, if the agent:
(a) Replaces the policy more than once; or
(b) Engages in a pattern of conduct which indicates a disregard for the existence of such a policy.

Nev. Admin. Code § 686A.570

Comm'r of Insurance, LH-3 § 18, eff. 1-4-80-NAC A 10-26-84

NRS 679B.130, 686A.015