Nevada Revised Statutes Section 686A.360 - Insurance

Application for license.

1. An application for a license to engage in the business of a company must be filed with the Commissioner on a form prescribed by him and must include:

(a) A nonrefundable fee for application and for investigation of the applicant of $500;

(b) A surety bond payable to the State of Nevada in the amount of $50,000, executed by a surety company which is authorized to do business in Nevada;

(c) A current certified financial statement or another financial statement if individually approved by the Commissioner;

(d) An appointment of the Commissioner and his successors in office as the applicant’s attorney to receive service of process; and

(e) If the applicant is a corporation, a copy of its articles of incorporation.

2. The applicant shall provide the Commissioner with any material change concerning information contained in the application within 10 days after the change occurs.

Last modified: February 27, 2006