680A.310 - Exceptions to requirements for countersignature by agent. - Nevada Statutes

680A.310  Exceptions to requirements for countersignature by agent.  NRS 680A.300 does not apply to any of the following:

      1.  Life insurance and annuities.

      2.  Health insurance.

      3.  Policies covering property in transit while in the possession or custody of any common carrier, or the rolling stock or other property of any common carrier employed by it in the operation and maintenance of its plant and business as a common carrier of freight or passengers, or both.

      4.  Reinsurance or retrocessions made by or for authorized insurers.

      5.  Bid bonds issued in connection with any public or private contract.

      6.  A policy issued to a risk retention group, as defined in NRS 695E.110, or to a member of a risk retention group.

      (Added to NRS by 1971, 1589; A 1987, 1333)