Nevada Administrative Code
Chapter 683A - Persons Involved in Sale or Administration of Insurance
DUTIES OF BROKERS TO CLIENTS
Section 683A.704 - "Broker" defined
Universal Citation: NV Admin Code 683A.704
Current through September 16, 2024
1. Except as otherwise provided in subsection 2, "broker" has the meaning ascribed to it in NRS 683A.321.
2. The term does not include a producer of insurance acting as:
(a) An intermediary
between an insurer and a client's broker, including, without limitation, a
managing general agent or wholesale broker; or
(b) A reinsurance intermediary. As used in
this paragraph, "intermediary" has the meaning ascribed to it in
NRS
681A.330.
Added to NAC by Comm'r of Insurance by R009-05, eff. 10-31-2005-Substituted in revision for NAC 686A.356
NRS 679B.130, 686A.015
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