§ 686A.330 Definitions
§ 686A.335 Applicability of chapter 696B of NRS
§ 686A.340 Engaging in business of company without license prohibited; exception
§ 686A.350 Exemptions from requirement of licensing
§ 686A.360 Application for license: Form; fees; bond; required documents; provision of material changes to Commissioner
§ 686A.370 True name and fictitious name of applicant or licensee; grounds for disapproval of name
§ 686A.380 Renewal of license
§ 686A.385 Schedule of rates and charges: Required to be filed with Commissioner for approval; filing of changes; inclusion in schedule required for imposition
§ 686A.390 Approval of forms
§ 686A.400 Records: Maintenance; form of preservation; open to Commissioner
§ 686A.410 Examination of company by Commissioner
§ 686A.420 Contents of agreement
§ 686A.430 Furnishing of completed copy of agreement to insured
§ 686A.440 Interest; service charge; prepayment
§ 686A.450 Permissible charges: Late payment; returned check; collection costs or attorney’s fees
§ 686A.460 Cancellation of insurance policy listed in agreement containing power of attorney enabling cancellation by company
§ 686A.470 Return of unearned premium and commission
§ 686A.480 Prohibited payments: Membership in motor club; policy of insurance covering accidental death or dismemberment
§ 686A.490 No recourse against agent based on insured’s default in payments; limitation on inducements; prohibited acts by company, agent or broker related to submission of agreement
§ 686A.500 Disclosure of financial interest required; agent or broker who submits or performs services in connection with agreement prohibited from receiving compensation
§ 686A.510 Penalties
§ 686A.520 Applicability of other provisions
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Terms Used In Nevada Revised Statutes > Chapter 686A > Financing of Premiums

  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
  • Service of process: The service of writs or summonses to the appropriate party.