Nev. Rev. Stat. § 679B.125

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

Section 679B.125 - Observation of conduct of persons in insurance business; regulations

The Commissioner may observe the conduct of each authorized insurer and other persons who have a direct material involvement with the insurance business to ensure that:

1. An unqualified, disqualified or unsuitable person is not involved in insurance; and

2. The insurance business is not conducted in an unsuitable manner.

The Commissioner shall, by regulation, define the terms "unsuitable person" and "unsuitable manner" for use in carrying out the provisions of this section and NRS 679B.310 and 680A.200.

NRS 679B.125

Added to NRS by 1991, 807