2010 Nevada Code
TITLE 57 INSURANCE
Chapter 687B Contracts of Insurance
NRS 687B.182 Binders: Issuance; effective dates.

NRS 687B.182 Binders: Issuance; effective dates.

1. A binder may be issued only by a resident or nonresident agent appointed by the insurer which is to issue the policy.

2. Except as provided in subsection 3, a binder must not be effective for more than 90 days.

3. The effective period of a binder may be extended 30 days at a time with the written approval of the Commissioner.

(Added to NRS by 1983, 1120)



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