Nev. Rev. Stat. § 679A.130

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 679A.130 - "Transacting insurance" defined

In addition to other aspects of insurance operations to which provisions of this Code by their terms apply, "transact" with respect to a business of insurance includes any of the following, by mail or otherwise or whether or not for the purpose of profit:

1. Solicitation or inducement.

2. Negotiations.

3. Effectuation of a contract of insurance.

4. Transaction of matters subsequent to effectuation and arising out of such a contract.

NRS 679A.130

Added to NRS by 1971, 1559