Nevada Revised Statutes
Chapter 683A - Persons Involved in Sale or Administration of Insurance
NRS 683A.231 - Licensing of bank.


1. For the purposes of this section:
(a) "Affiliate" means a person that directly, or indirectly through one or more intermediaries, is controlled by, or is under common control with, a bank.
(b) "Bank" means any institution that accepts deposits that the depositor has a legal right to withdraw on demand.
(c) "Financial holding company" means a bank holding company as defined in section 4(l)(2) of the Bank Holding Company Act of 1956, 12 U.S.C. § 1841(l)(1).
(d) "Parent" means a person that owns or controls a bank, directly or indirectly, in whole or in part.
(e) "Subsidiary" means a person owned or controlled by a bank, directly or indirectly, in whole or in part.
2. A bank may be licensed as a producer of insurance in this state:
(a) To the extent permitted by Title V of Public Law 106-102, 15 U.S.C. §§ 6801 et seq.; and
(b) For credit insurance, as defined in NRS 690A.015, and credit property insurance.
3. A bank must not be licensed or admitted as an insurer.
4. The provisions of subsection 3 do not prohibit the licensing by the Commissioner of an affiliate, financial holding company, parent or subsidiary of a bank to sell insurance or be admitted as an insurer.
(Added to NRS by 1971, 1638; A 1987, 2285; 1993, 2281; 1995, 1614; 1997, 782; 2001, 2204)

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Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 683A - Persons Involved in Sale or Administration of Insurance

NRS 683A.020 - Definitions.

NRS 683A.025 - "Administrator" defined.

NRS 683A.031 - "Business organization" defined.

NRS 683A.041 - "Home state" defined.

NRS 683A.051 - "License" defined.

NRS 683A.060 - "Managing general agent" defined.

NRS 683A.065 - "Negotiate" defined.

NRS 683A.072 - "Sell" defined.

NRS 683A.074 - "Solicit" defined.

NRS 683A.076 - "Terminate" defined.

NRS 683A.078 - "Uniform application" defined.

NRS 683A.0805 - Definitions.

NRS 683A.081 - "Affiliate" defined.

NRS 683A.082 - "Control" defined.

NRS 683A.083 - "Insurer" defined.

NRS 683A.084 - "Underwrite" defined.

NRS 683A.085 - Qualifications.

NRS 683A.0851 - Health maintenance organization authorized to act as administrator of program of health insurance; approval or disapproval of contract by Commissioner; exemption from licensing and bonding.

NRS 683A.0852 - Nonprofit corporation for hospital or medical services authorized to act as administrator of program of health insurance; notice to Commissioner; exemption from licensing and bonding.

NRS 683A.08522 - Certificate of registration: Contents of application.

NRS 683A.08524 - Certificate of registration: Issuance; grounds for refusal to issue certificate of registration; requirements if applicant seeks final approval by Division of Industrial Relations of the Department of Business and Industry.

NRS 683A.08526 - Certificate of registration: Duration; expiration; renewal.

NRS 683A.08528 - Annual report: Requirements; review by Commissioner.

NRS 683A.0853 - Waiver of requirements for administrator’s certificate.

NRS 683A.0857 - Bond: Requirement; amount; conditions; replacement.

NRS 683A.086 - Agreement with insurer required; contents of agreement; retention of copy of agreement; trust agreements; regulations specifying permissible functions; termination of agreement.

NRS 683A.0863 - Payments to administrator.

NRS 683A.0868 - Prohibiting fee to include provider of health care on panel; penalty; costs and attorney’s fees; suspension of activities.

NRS 683A.087 - Advertising.

NRS 683A.0873 - Records of administrator: Maintenance and retention; examination by Commissioner and insurer; confidentiality.

NRS 683A.0877 - Certain charges and premiums collected or received held in fiduciary capacity; remittance or deposit of money in fiduciary accounts; withdrawals from and records relating to fiduciary accounts.

NRS 683A.0879 - Claims relating to health insurance coverage: Approval or denial; payment of claims and interest; requests for additional information; award of costs and attorney’s fees; compliance with requirements; imposition of administrative fine...

NRS 683A.088 - Payment of claims by check or draft.

NRS 683A.0883 - Basis for compensation of administrator.

NRS 683A.0887 - Duty to disclose information relating to identity and relationship among insurer, administrator and insured and amount of premium or charge to insured; duty to disclose to insurer charges, fees and commissions received for provision o...

NRS 683A.089 - Delivery to insureds of communications of insurer.

NRS 683A.0892 - Suspension or revocation of certificate of registration: Grounds; additional penalties.

NRS 683A.0893 - Penalty for acting without certificate of registration.

NRS 683A.090 - License required; administrative fine.

NRS 683A.140 - Licensing of firm or corporation; requirements for issuance or renewal of license of business entity.

NRS 683A.160 - Application for license; fees; period of validity, renewal, failure to renew, contents and availability of license; change of address.

NRS 683A.171 - Definitions.

NRS 683A.172 - "Covered person" defined.

NRS 683A.173 - "Pharmacy" defined.

NRS 683A.174 - "Pharmacy benefit manager" defined.

NRS 683A.175 - "Pharmacy benefits plan" defined.

NRS 683A.176 - "Third party" defined. [Effective through December 31, 2025.] "Third party" defined. [Effective January 1, 2026.]

NRS 683A.177 - Applicability.

NRS 683A.178 - Obligation of pharmacy benefit manager to third party or pharmacy; notice of conflicts of interest.

NRS 683A.179 - Prohibited acts; applicability. [Effective through December 31, 2021.] Prohibited acts; applicability. [Effective January 1, 2022.]

NRS 683A.181 - Definitions.

NRS 683A.1815 - "Facility" defined.

NRS 683A.182 - "Occupant" defined.

NRS 683A.1823 - "Owner" defined.

NRS 683A.1826 - "Personal property" defined.

NRS 683A.1828 - "Personal property storage insurance" defined.

NRS 683A.183 - "Rental agreement" defined.

NRS 683A.1835 - "Storage space" defined.

NRS 683A.1837 - "Supervising entity" defined.

NRS 683A.184 - Commissioner: Forms for application for initial licensure and renewal; fees for initial licensure and renewal; regulations.

NRS 683A.1845 - License to offer, sell, solicit or negotiate personal property storage insurance: Issuance by Commissioner; requirements for issuance and renewal; coverage; exception from licensure for owner displaying and making available marketing...

NRS 683A.185 - Examination or education not required to receive or renew license.

NRS 683A.1855 - Restrictions relating to sales and coverage; rates to be filed with Commissioner.

NRS 683A.186 - Licensee required to make certain written or electronic materials available to occupant or prospective occupant.

NRS 683A.1865 - Satisfaction of insurance requirement by occupant or prospective occupant as condition of rental agreement.

NRS 683A.187 - Billing, collecting and remitting charges by licensee; compensation for licensee from supervising entity for sales, billing and collection services; money collected by licensee from enrolled customer held in trust.

NRS 683A.1875 - Employee or authorized representative may act for licensee.

NRS 683A.188 - Licensee required to provide training program for employees and authorized representatives.

NRS 683A.1885 - Licensee prohibited from advertising, representing or holding itself out as licensed insurer.

NRS 683A.189 - Responsibility and duties of supervising entity relating to licensee, employees and authorized representatives.

NRS 683A.191 - Definitions.

NRS 683A.193 - "Offer and disseminate" defined.

NRS 683A.195 - "Producer of limited lines travel insurance" defined.

NRS 683A.197 - "Travel insurance" defined.

NRS 683A.199 - "Travel retailer" defined.

NRS 683A.201 - License required; exemption for insurers; administrative fine.

NRS 683A.211 - Persons exempt from licensing.

NRS 683A.221 - Employee of short-term lessor of vehicles exempt from licensing under certain circumstances.

NRS 683A.231 - Licensing of bank.

NRS 683A.241 - Examination for license: Requirement; contents; regulations; contracts for administration; fee; failure to appear.

NRS 683A.242 - Exemption from written examination and certain educational requirements for producers of limited lines travel insurance and travel retailers.

NRS 683A.251 - Form and prerequisites for approval of application for license of natural person; licensing of business organization; certain applicants to submit fingerprints; report from Federal Bureau of Investigation; verification of information.

NRS 683A.261 - Issuance, period of validity, renewal, failure to renew, contents and availability of license; lines of authority; change of address.

NRS 683A.265 - Licensing of producer of limited lines travel insurance.

NRS 683A.271 - Licensing of nonresident persons; participation by Commissioner in centralized registry; required notifications.

NRS 683A.281 - Nonresident licensees: Service of process; agreement to appear.

NRS 683A.291 - Exemption from education and examination for producer previously licensed for same lines of authority in another state; exemption from examination for producer who confines activity to certain types of insurance.

NRS 683A.301 - Use of true or fictitious name by applicant for license or licensee.

NRS 683A.311 - Temporary licenses: Authority of Commissioner to issue, limit or revoke; expiration.

NRS 683A.321 - Appointment of producer as agent of insurer; fees for agents; activities of producer as broker.

NRS 683A.325 - Commissions and compensation.

NRS 683A.331 - Termination of appointment, employment or other relationship of producer to insurer; civil immunity for provision of certain information regarding termination.

NRS 683A.341 - Reports to Commissioner: Administrative action or criminal prosecution against producer.

NRS 683A.351 - Records of transactions: Maintenance; examination by Commissioner; destruction.

NRS 683A.361 - Payment, acceptance and assignment of commissions, brokerage, fees for service and other valuable considerations.

NRS 683A.365 - Authorization by business organization of another producer to transact business on its behalf: Notification to Commissioner of authorization and termination of authorization.

NRS 683A.367 - Restrictions concerning selling, soliciting and negotiating continuous care coverage; fine.

NRS 683A.368 - Liability of producers of limited lines travel insurance for acts of travel retailers.

NRS 683A.3683 - Applicability of certain provisions to producers of limited lines travel insurance and travel retailers.

NRS 683A.3685 - Producer of limited lines travel insurance required to maintain register of travel retailers acting on behalf of producer; submission of register to Commissioner; certification.

NRS 683A.3687 - Compensation of travel retailer by producer of limited lines travel insurance; limitations.

NRS 683A.369 - Travel retailers: Authorized scope of activities.

NRS 683A.3693 - Travel retailers: Prohibited activities.

NRS 683A.3695 - Travel retailers: Required written disclosures.

NRS 683A.370 - Use and licensing of vending machines to solicit for and issue personal travel accident insurance policies.

NRS 683A.3715 - Approval to conduct external reviews: Application; fee; period of validity; reapproval; termination of approval; list maintained by Commissioner; regulations.

NRS 683A.372 - Approval to conduct external reviews: Minimum qualifications; conflicts of interest.

NRS 683A.373 - Submission of annual list to Office for Consumer Health Assistance.

NRS 683A.375 - Purposes.

NRS 683A.376 - Definitions.

NRS 683A.377 - Applicability.

NRS 683A.378 - Prerequisites to conducting utilization review; registration of agent; plan for utilization review; agent to report material changes; renewal of registration.

NRS 683A.379 - Penalty.

NRS 683A.383 - Payment of child support: Statement by applicant for certificate of registration or license; grounds for denial of certificate of registration or license; duty of Commissioner. [Effective until the date of the repeal of 42 U.S.C. § 666...

NRS 683A.385 - Suspension of certificate of registration or license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of certificate of registration or license. [Effective until the date of the repeal of 42...

NRS 683A.387 - Application for certificate of registration or license to include social security number of applicant. [Effective until the date of the repeal of 42 U.S.C. § 666, the federal law requiring each state to establish procedures for withhol...

NRS 683A.400 - Money received and held in fiduciary capacity by producer of insurance, surplus lines broker, motor club agent or bail agent: Requirements; penalty for diversion or appropriation; commingling.

NRS 683A.405 - Submission of schedule of payments to provider of health care by administrator, managing general agent, producer of insurance or certain entities acting as administrator.

NRS 683A.451 - Authority of Commissioner; grounds for action.

NRS 683A.461 - Denial, suspension or revocation of or refusal to renew license; administrative fines; authority of Commissioner after surrender or lapse of license or registration.

NRS 683A.490 - Authority of Commissioner to inform district attorney of violation; penalty for violation of provision of chapter.

NRS 683A.500 - Insurer prohibited from permitting person whose license has been revoked or suspended to transact insurance.

NRS 683A.510 - Failure of insurer or its authorized representative to report certain information regarding producer of insurance or report such information with actual malice: Suspension or revocation of license; fine.

NRS 683A.520 - Failure of producer of insurance or surplus lines broker to remit premiums: Report to Commissioner; suspension of license.