1. An “authorized” insurer is one authorized to transact insurance or reinsurance in this State under a subsisting certificate of authority issued by the Commissioner.
2. An “unauthorized” insurer is one not so authorized.
NRS 679A.030
“Authorized” and “unauthorized” insurer defined
Known as the Nevada Insurance Code
The act spans §§ 679–679 (30 sections).
(Added to NRS by 1971, 1557; A 1987, 641)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.