An insurer or its authorized representative who fails to report as required by NRS 683A.331 or is found by a court of competent jurisdiction to have reported with actual malice is subject to the suspension or revocation of its license, after notice and hearing, and may be further punished by a fine under NRS 679A.180.
NRS 683A.510
Failure of insurer or its authorized representative to report certain information regarding producer of insurance or report such information with actual malice: Suspension or revocation of license; fine
(Added to NRS by 2001, 2200)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.