No unauthorized insurer through any estimate, illustration, circular, pamphlet, letter, announcement, statement or any other means or medium shall misrepresent to any person in this State its financial condition or the terms of any contract issued or to be issued by it or the advantages thereof, or the dividends or share to be received thereon. Whenever the Commissioner has reason to believe that any such insurer is so misrepresenting, the Commissioner shall notify the insurer and the insurance supervisory officer of the insurer’s domiciliary state or province by registered or certified mail.
(Added to NRS by 1971, 1687)
Structure Nevada Revised Statutes
Chapter 685B - Unauthorized Insurers; Prohibitions, Process and Advertising
NRS 685B.010 - Purpose of chapter.
NRS 685B.030 - Transaction of unauthorized insurance business unlawful; exceptions; venue; effect.
NRS 685B.040 - Injunctive relief.
NRS 685B.050 - Service of process on unauthorized insurer.
NRS 685B.070 - Enforcement of foreign decrees.
NRS 685B.080 - Penalty; liability for payment of premium taxes.
NRS 685B.083 - Penalty for representing or aiding unauthorized insurer.
NRS 685B.087 - Penalty for transaction of unauthorized insurance business.
NRS 685B.110 - Action by Commissioner; penalty.
NRS 685B.120 - Person providing specified coverage; exception.
NRS 685B.130 - Proof of regulation by Federal Government.
NRS 685B.140 - Submission to examination of Commissioner.
NRS 685B.150 - Information to be provided to agents, brokers and others.
NRS 685B.160 - Statement of charges; notice of hearing.
NRS 685B.170 - Order after hearing; administrative fines; modification of order.