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NRS 686A.420

Contents of agreement

Applied in 1 court decision — leading case AICCO, Inc. v. Lisowski (In Re Silver State Helicopters, LLC) (2009)

Most recently applied in AICCO, Inc. v. Lisowski (In Re Silver State Helicopters, LLC) (March 2009)

(Added to NRS by 1985, 1155; A 2017, 2340)

1. An agreement executed in this state must be dated and signed by the insured. The printed portion of the agreement must be in not less than 8-point type. The agreement must include:

(a) The name and the address and telephone number of the business of the producer of insurance for the insurance contract to which the agreement relates;

(b) The name and the address of the business or residence of the insured;

(c) The name, address and telephone number of the company to which payments must be made;

(d) A brief description of any insurance policy involved; and

(e) Such other information as may be required by the Commissioner.

2. An agreement must have at its top in type which is more prominent than the text of the agreement, the words “Agreement For Financing Premium” or words of similar meaning. An agreement must contain a notice in type which is more prominent than the text of the agreement which reads as follows:

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.