NRS 683C.020 License required; exceptions; administrative fine.
153 words·~1 min read·
/nv/chapter-683c-insurance-consultants/683c-020·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 683C.020 License required; exceptions; administrative fine.
1. Except as otherwise provided in subsection 2, no person may engage in the business of an insurance consultant unless a license has been issued to the person by the Commissioner.
2. An insurance consultant’s license is not required for:
(a)An attorney licensed to practice law in this State who is acting in his or her professional capacity;
(b)A licensed producer of insurance, broker or surplus lines broker;
(c)A trust officer of a bank who is acting in the normal course of his or her employment; or
(d)An actuary or a certified public accountant who provides information, recommendations, advice or services in his or her professional capacity.
3. A person required to be licensed in this State who acts as an insurance consultant without a license is subject to an administrative fine of not more than $1,000 for each act or violation.