Statutes, codes, and regulations
Nevada Revised Statutes
Title 57 - INSURANCEChapter 686B - RATES AND ESSENTIAL INSURANCERATES AND SERVICE ORGANIZATIONS
GENERAL PROVISIONS
Section 686B.130 - Licensing of rate service organization and advisory organization: Required to provide services relating to rates of certain insurance; services of rate service organization and advisory organization required to be offered to any insurer

Nev. Rev. Stat. § 686B.130

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Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 686B.130 - Licensing of rate service organization and advisory organization: Required to provide services relating to rates of certain insurance; services of rate service organization and advisory organization required to be offered to any insurer
1. A rate service organization and an advisory organization shall not provide any service relating to the rates of any insurance subject to NRS 686B.010 to 686B.1799, inclusive, and an insurer shall not utilize the services of an organization for such purposes unless the organization has obtained a license pursuant to NRS 686B.140.
2. A rate service organization and an advisory organization shall not refuse to supply any services for which it is licensed in this state to any insurer authorized to do business in this state and offering to pay the fair and usual compensation for the services.

NRS 686B.130

Added to NRS by 1971, 1702; A 1985, 1069; 1995, 2056; 2019, 1439
Amended by 2019, Ch. 251,§54, eff. 5/29/2019.
Added to NRS by 1971, 1702; A 1985, 1069; 1995, 2056