A person is a controlling person of a provider if the person:
1. Is an officer of the provider; or
2. Possesses the authority to set the policy and direct the management of the business entity in connection with its service contract business.
(Added to NRS by 2017, 2379)
Structure Nevada Revised Statutes
Chapter 690C - Service Contracts
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.200 - Name of provider.
NRS 690C.215 - Transfer of liability without approval of Commissioner prohibited; exception.
NRS 690C.240 - Provider ceasing to do business: Notification; effect.
NRS 690C.270 - Cancellation: Grounds; effective date.
NRS 690C.310 - Retention of records by provider.
NRS 690C.320 - Examinations by Commissioner.
NRS 690C.330 - Civil penalty for violation of chapter or order or regulation of Commissioner.