1. At the time of effecting any surplus lines insurance for which this State is the home state, the broker shall, within 90 days after such insurance is so effected, submit a report, in the form prescribed or accepted by the Commissioner, setting forth facts from which it can be determined whether such insurance is eligible for export under NRS 685A.040.
2. The broker shall keep in his or her office the report prepared pursuant to subsection 1 along with the report of coverage and any other information the Commissioner requires.
3. The report prepared pursuant to subsection 1 must not be removed from the office of the broker and must be open to examination by the Commissioner or a representative of the Commissioner at all times within 5 years after issuance of the coverage to which it relates.
(Added to NRS by 1971, 1674; A 1987, 1149; 2011, 2013)
Structure Nevada Revised Statutes
Chapter 685A - Nonadmitted Insurance
NRS 685A.031 - "Broker" defined.
NRS 685A.0315 - "Domestic surplus lines insurer" defined.
NRS 685A.032 - "Exempt commercial purchaser" defined.
NRS 685A.033 - "Export" defined.
NRS 685A.034 - "Home state" defined.
NRS 685A.035 - "Independently procured insurance" defined.
NRS 685A.036 - "Multi-state risk" defined.
NRS 685A.037 - "Nonadmitted insurance" defined.
NRS 685A.0375 - "Nonadmitted insurer" defined.
NRS 685A.038 - "Principal place of business" defined.
NRS 685A.0385 - "Principal residence" defined.
NRS 685A.039 - "Surplus lines insurance" defined.
NRS 685A.040 - Conditions for export.
NRS 685A.050 - Broker’s report.
NRS 685A.060 - Open lines for export.
NRS 685A.070 - Eligible insurers.
NRS 685A.080 - Evidence of insurance; changes; penalty.
NRS 685A.090 - Contracts for nonadmitted coverage: Requirements.
NRS 685A.100 - Coverage from unauthorized insurer valid.
NRS 685A.110 - Liability of insurer.
NRS 685A.140 - Suspension or revocation of broker’s license.
NRS 685A.155 - Broker authorized to charge fee for procuring coverage; maximum amount of fee.
NRS 685A.160 - Records of broker.
NRS 685A.175 - Quarterly report and payment of tax by certain brokers.
NRS 685A.180 - Tax on surplus lines.
NRS 685A.190 - Failure to file statement or pay tax; penalties; statute of limitations.
NRS 685A.200 - Suit against unauthorized insurers; venue; process.
NRS 685A.205 - Regulations: Compliance with federal law relating to nonadmitted insurance.