Nev. Rev. Stat. § 686A.260
Revocation or suspension of license for violation of laws of other state
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NRS 686A.260 Revocation or suspension of license for violation of laws of
other state. The Commissioner may
revoke or suspend the license of any person domiciled or resident in Nevada and
licensed to transact insurance in Nevada as insurer, agent, broker or
otherwise, upon a hearing and proof that such person, as the result of a
hearing before the commissioner, director or superintendent of insurance or
insurance department of another state, or in a judicial proceeding in another
state, has been found to have violated the insurance laws of that state
relating to unfair methods of competition or unfair or deceptive acts or
practices in the conduct of the business of insurance, and as a result thereof
either has had his or her license revoked or suspended in that state or has
been found guilty of failing to comply with any order, decree or judgment
issued pursuant to such hearing or judicial proceeding in that state.
(Added to NRS by 1971, 1697)
Notes of Decisions
Cited in 1
case (1 in the last 5 years), 2021–2021 · leading case: My Left Foot Children's Therapy, LLC v. Certain Underwriter's at Lloyd's London Subscribing to Policy No. HAH15-0632
My Left Foot Children's Therapy, LLC v. Certain Underwriter's at Lloyd's London Subscribing to Policy No. HAH15-0632 (2021)
“For example, while some sections within 6 the chapter refer to “guilt” in reference to criminal penalties,10 Nev. Rev. Stat. § 686A.260 7 relating to the revocation or suspension of a license uses the phrase “found guilty” in the 8 context of civil penalties.”
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