683C.020 - License required; exceptions; penalty.
683C.020 License required; exceptions; penalty.
1. Except as otherwise provided in subsection 2, no person may engage in the business of an insurance consultant unless a license has been issued to the person by the Commissioner.
2. An insurance consultant’s license is not required for:
(a) An attorney licensed to practice law in this State who is acting in his or her professional capacity;
(b) A licensed insurance agent, broker or surplus lines broker;
(c) A trust officer of a bank who is acting in the normal course of his or her employment; or
(d) An actuary or a certified public accountant who provides information, recommendations, advice or services in his or her professional capacity.
3. A person required to be licensed in this State who acts as an insurance consultant without a license is subject to an administrative fine of not more than $1,000 for each act or violation.
(Added to NRS by 1995, 1610; A 2003, 3297)