685A.170 - Annual statement of broker. - Nevada Statutes

685A.170  Annual statement of broker.

      1.  Each broker shall on or before March 1 of each year file with the Commissioner a statement verified by the broker of all surplus lines insurance transacted by the broker during the preceding calendar year. A statement must be filed whether or not the broker has transacted any business during the preceding year.

      2.  The statement must be on forms as prescribed and furnished by the Commissioner, and must contain such information as the Commissioner may reasonably require.

      3.  If a broker has filed any reports pursuant to NRS 685A.175, the annual statement must include any necessary reconciliation of the quarterly reports.

      (Added to NRS by 1971, 1678; A 1985, 600)