Nevada Revised Statutes 686A.390 – Approval of forms
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1. Before using a form for an agreement or notice required by this chapter, a company must submit the proposed form to the Commissioner for approval. If the Commissioner does not disapprove a form within 60 days after it is submitted, the form shall be deemed approved.
Terms Used In Nevada Revised Statutes 686A.390
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
2. The Commissioner shall not approve any form unless it complies with the provisions of NRS 686A.330 to 686A.520, inclusive.
3. An insurer, including any subsidiary of an insurer or corporation under substantially the same management or control as an insurer, shall file all forms for agreements and any related forms. The filing required in this subsection is in addition to the filings required pursuant to chapter 686B of NRS.