Nevada Administrative Code
Chapter 679B - Commissioner of Insurance
GENERAL PROVISIONS
Section 679B.035 - Conflicts of interest: Adoption of policy by licensed insurer domiciled in Nevada; filing of disclosure
Current through February 27, 2024
1. A licensed insurer that is domiciled in this State shall adopt a conflict of interest policy for its attorneys-in-fact, trustees, managers, officers and directors. For any person governed by the policy, the policy must include:
2. Each attorney-in-fact, trustee, manager, officer or director of a licensed insurer that is domiciled in this State shall annually file a disclosure of his or her conflicts of interest with the board of directors or subscribers' advisory committee of the insurer.
3. Nothing in this section shall be construed to prevent an attorney-in-fact, trustee, manager, officer or director of a licensed insurer that is domiciled in this State from being a director or officer of more than one insurance company or insurer.
4. As used in this section:
Added to NAC by Comm'r of Insurance by R078-16A, eff. 12/21/2016
NRS 679B.130