Nevada Administrative Code
Chapter 485 - Motor Vehicles: Insurance and Financial Responsibility
VERIFICATION OF PROOF OF FINANCIAL RESPONSIBILITY
Section 485.180 - Discontinuance by insurer of practice of issuing and renewing motor vehicle liability policies
Universal Citation: NV Admin Code 485.180
Current through February 27, 2024
1. If an insurer decides that it will discontinue the practice of issuing and renewing motor vehicle liability policies within this State, the insurer shall, within 30 days after making such a decision:
(a) Notify the
Department of that decision on a form provided by the Department; and
(b) Submit to the Department a record which
contains the date of expiration of each motor vehicle liability policy that the
insurer has issued for a vehicle that is registered in this State.
2. If the insurer fails to submit a record required pursuant to subsection 1, the Department will:
(a) Deem the date of expiration of each such
motor vehicle liability policy to be 30 days after the date of the notice
provided pursuant to subsection 1; and
(b) Notify the Commissioner of Insurance that
the insurer failed to comply with this section.
Added to NAC by Dep't of Motor Veh. & Pub. Safety by R176-97, eff. 6-4-98; A by Dep't of Motor Veh. by R171-09, 4-20-2010
NRS 485.130, 485.313, 485.314
Disclaimer: These regulations may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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