Insurance contracts procured as nonadmitted coverage from unauthorized insurers in accordance with this chapter shall be fully valid and enforceable as to all parties, and shall be given recognition in all matters and respects to the same effect as like contracts issued by authorized insurers.
NRS 685A.100
Coverage from unauthorized insurer valid
Known as the Nonadmitted Insurance Law
The act spans §§ 685–685 (41 sections).
(Added to NRS by 1971, 1676; A 2011, 2016)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.