Nevada Administrative Code
Chapter 683A - Persons Involved in Sale or Administration of Insurance
MANAGING GENERAL AGENTS
Section 683A.460 - Licensing and bonding; maintenance of policy for errors and omissions
Universal Citation: NV Admin Code 683A.460
Current through December 31, 2024
A managing general agent:
1. Shall not represent an insurer in this State unless he or she holds a license issued by this State as a producer of insurance.
2. Shall maintain a bond for $50,000 and may maintain a policy that covers any errors and omissions of the managing general agent.
Added to NAC by Comm'r of Insurance, eff. 9-19-90; A by R172-01, 7-5-2002
NRS 679B.130
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