Nev. Rev. Stat. § 691E.240

License or registration required to act as travel administrator; responsibilities and duties of insurer with respect to travel administrator; travel administrator required to make certain books and records available to Commissioner.

Last amended: 2023Year: 2026Length: 160 wordsSubsections: 3Official source
1. Notwithstanding any other provision of this title, a person shall not act or represent himself or herself as a travel administrator in this State unless the person holds a: (a) License as a producer of insurance issued by the Commissioner pursuant to NRS 683A.261 or 683A.271 for a line of authority specified in paragraph (c) or (d) of subsection 1 of NRS 683A.261; (b) License as a managing general agent issued by the Commissioner pursuant to NRS 683A.160; or (c) Certificate of registration as an administrator issued by the Commissioner pursuant to NRS 683A.08524. 2. An insurer is responsible for: (a) The acts of a travel administrator administering travel insurance underwritten by the insurer; and (b) Ensuring that the travel administrator maintains all books and records relevant to the insurer. 3. A travel administrator shall make available to the Commissioner upon request the books and records described in paragraph (b) of subsection 2. (Added to NRS by 2023, 3277)
Nev. Rev. Stat. § 691E.240: License or registration required to act as travel administrator; responsibilities and duties of insurer with respect to travel administrator; travel administrator required to make certain books and records available to Commissioner. | Justis AI