Nevada Administrative Code
Chapter 683A - Persons Involved in Sale or Administration of Insurance
DUTIES OF BROKERS TO CLIENTS
Section 683A.706 - "Client" defined
Universal Citation: NV Admin Code 683A.706
Current through September 16, 2024
"Client" means a natural person, corporation, association, partnership or other legal entity that is a named insured or seeks the advice of a broker about becoming an insured or receiving a quotation. The term does not include a person if the person is only:
1. A participant or beneficiary of an employee benefit plan; or
2. Covered by a group or blanket insurance policy or group annuity contract, that is sold, solicited or negotiated by the broker or affiliate.
Added to NAC by Comm'r of Insurance by R009-05, eff. 10-31-2005-Substituted in revision for NAC 686A.358
NRS 679B.130, 686A.015
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