NAC679B.039. Interpretation of “unsuitable person.”  


Latest version.
  • As used in NRS 679B.125, “unsuitable person” means a person who is:

         1. Determined by the Commissioner to be untrustworthy or dishonest;

         2. Determined by the Commissioner to have violated intentionally any statute or regulation relating to insurance; or

         3. Convicted in any jurisdiction of a crime which involves theft, fraud, dishonesty or moral turpitude.

     (Added to NAC by Comm’r of Insurance, eff. 1-10-97)