679A.030 - “Authorized” and “unauthorized” insurer defined.

679A.030  “Authorized” and “unauthorized” insurer defined.

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.

(Added to NRS by 1971, 1557; A 1987, 641)