687B.160 - Execution of policies.

687B.160  Execution of policies.

      1.  Every insurance policy must be executed in the name of and on behalf of the insurer by its officer, attorney-in-fact, employee or representative duly authorized by the insurer.

      2.  Any such executing individual may use, in lieu of an original signature:

      (a) A facsimile signature; or

      (b) An electronic signature pursuant to the provisions of chapter 719 of NRS.

      3.  An insurance contract issued before, on or after January 1, 1972, which is otherwise valid is not rendered invalid by reason of the apparent execution thereof on behalf of the insurer by the imprinted facsimile signature of an individual not authorized so to execute as of the date of the policy.

      (Added to NRS by 1971, 1718; A 1997, 1625; 2003, 2806)