Nevada Revised Statutes
Chapter 690C - Service Contracts
NRS 690C.040 - "Contractual liability insurance policy" defined.

"Contractual liability insurance policy" means a policy of insurance that is issued to a provider to either:
1. Reimburse the provider under the terms of a service contract issued or sold by the provider; or
2. If the provider does not satisfy his or her obligation under a service contract, pay on behalf of the provider any money the provider has an obligation to pay under the service contract.
(Added to NRS by 1999, 3335)

<< Previous
Next >>

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 690C - Service Contracts

NRS 690C.010 - Definitions.

NRS 690C.020 - "Administrator" defined.

NRS 690C.030 - "Consumer" defined.

NRS 690C.040 - "Contractual liability insurance policy" defined.

NRS 690C.045 - "Controlling person" defined.

NRS 690C.050 - "Goods" defined.

NRS 690C.060 - "Holder" defined.

NRS 690C.070 - "Provider" defined.

NRS 690C.080 - "Service contract" defined.

NRS 690C.100 - Applicability of chapter.

NRS 690C.110 - General tax on premiums not applicable.

NRS 690C.120 - Applicability of other provisions.

NRS 690C.150 - Required to issue, sell or offer for sale service contracts.

NRS 690C.155 - Determination of controlling person of provider.

NRS 690C.160 - Application; fees; period of validity; renewal.

NRS 690C.170 - Financial security: Requirements; limitation on use of money in reserve account; effect of failure to maintain.

NRS 690C.200 - Name of provider.

NRS 690C.210 - Requirements of contractual liability insurance policy; holder authorized to apply to issuer of policy for performance in certain circumstances.

NRS 690C.215 - Transfer of liability without approval of Commissioner prohibited; exception.

NRS 690C.220 - Requiring purchase of service contract as condition of loan or purchase of goods prohibited.

NRS 690C.230 - Receipt or written evidence of purchase of service contract required from provider; copy of service contract required to be furnished to holder within reasonable time.

NRS 690C.240 - Provider ceasing to do business: Notification; effect.

NRS 690C.250 - Conditions under which service contract void and refund required; right of original purchaser; provision stating right required; requirements for refund; penalty.

NRS 690C.260 - Contents; false or misleading statement prohibited; authority of Commissioner to require amendment of false or misleading statement.

NRS 690C.270 - Cancellation: Grounds; effective date.

NRS 690C.300 - Regulations.

NRS 690C.310 - Retention of records by provider.

NRS 690C.320 - Examinations by Commissioner.

NRS 690C.325 - Suspension, limitation, revocation or refusal to renew certificate of registration: Grounds; administrative fine; immediate suspension.

NRS 690C.330 - Civil penalty for violation of chapter or order or regulation of Commissioner.