LegalFix
Sign In

NRS 683C.020 - License required; exceptions; penalty.

NV Rev Stat § 683C.020 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

1. Except as otherwise provided in subsection 2, no person may engage in the business of an insurance consultant unless a license has been issued to the person by the Commissioner.

2. An insurance consultant’s license is not required for:

(a) An attorney licensed to practice law in this State who is acting in his or her professional capacity;

(b) A licensed producer of insurance, broker or surplus lines broker;

(c) A trust officer of a bank who is acting in the normal course of his or her employment; or

(d) An actuary or a certified public accountant who provides information, recommendations, advice or services in his or her professional capacity.

3. A person required to be licensed in this State who acts as an insurance consultant without a license is subject to an administrative fine of not more than $1,000 for each act or violation.

(Added to NRS by 1995, 1610; A 2003, 3297; 2017, 2339)

Previous Section
NRS 683C.018 - Applicability of other provisions of NRS.
Next Section
NRS 683C.030 - Application for license; requirements; duration of license. [Effective until the earlier of December 31, 2019, or the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]