Nevada Revised Statutes Section 689.530 - Insurance

Agent’s license: Expiration; renewal; fee for renewal; validity. [Effective on the date of the repeal of the federal law requiring each state to establish procedures for withholding, suspending and restricting the professional, occupational and recreational licenses for child support arrearages and for noncompliance with certain processes relating to paternity or child support proceedings.]

1. Each agent’s license issued pursuant to NRS 689.450 to 689.595, inclusive, continues in effect for 3 years unless it is suspended, revoked or otherwise terminated.

2. An agent’s license may be renewed, unless it has been suspended or revoked, at the request of the holder of a valid seller’s permit upon filing a written request for renewal accompanied by the applicable fee for renewal, which is not refundable.

3. The Commissioner may accept a request for renewal which is received by him within 30 days after the expiration of the license if the request is accompanied by a fee for renewal of 150 percent of the fee otherwise required.

4. An agent’s license is valid only while the agent is employed by a holder of a valid seller’s permit.

Last modified: February 27, 2006