Nevada Administrative Code
Chapter 679B - Commissioner of Insurance
INSURANCE RECOVERY ACCOUNT
Section 679B.078 - Assessment of fee to maintain balance in Account: Payment upon issuance or renewal of license; failure to pay; administrative fine

Universal Citation: NV Admin Code 679B.078

Current through September 16, 2024

1. If the Commissioner assesses the fee authorized pursuant to NRS 679B.305, the fee will be assessed at the time of the issuance or renewal of a license issued by the Division under chapter 683A, 684A, 685A or 692A of NRS.

2. If a person fails to pay the fee assessed pursuant to subsection 1, his or her license will not be issued or renewed, as applicable.

3. If a person who wishes to renew his or her license pays the fee assessed pursuant to subsection 1 after the date the fee is due, the person is subject to an administrative fine equal to the amount of the fee.

Added to NAC by Comm'r of Insurance by R001-16, eff. 6/28/2016

NRS 679B.130, 679B.305

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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.