Nev. Rev. Stat. ch. 690C – Service Contracts | Midpage

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Nevada Revised Statutes

Chapter 690C

Nev. Rev. Stat. ch. 690C

Service Contracts

690C.010Definitions 690C.020“Administrator” defined 690C.030“Consumer” defined 690C.040“Contractual liability insurance policy” defined 690C.045“Controlling person” defined 690C.050“Goods” defined 690C.060“Holder” defined 690C.070“Provider” defined 690C.080“Service contract” defined 690C.100Applicability of chapter 690C.110General tax on premiums not applicable 690C.120Applicability of other provisions 690C.130Annual report by Commissioner concerning service contract industry 690C.150Required to issue, sell or offer for sale service contracts 690C.155Determination of controlling person of provider 690C.160Application; fees; period of validity; renewal 690C.170Financial security: Requirements; limitation on use of money in reserve account; effect of failure to maintain 690C.200Name of provider 690C.210Requirements of contractual liability insurance policy; holder authorized to apply to issuer of policy for performance in certain circumstances 690C.215Transfer of liability without approval of Commissioner prohibited; exception 690C.220Requiring purchase of service contract as condition of loan or purchase of goods prohibited 690C.230Receipt or written evidence of purchase of service contract required from provider; copy of service contract required to be furnished to holder within reasonable time 690C.240Provider ceasing to do business: Notification; effect 690C.250Conditions under which service contract void and refund required; right of original purchaser; provision stating right required; requirements for refund; penalty 690C.260Contents; false or misleading statement prohibited; authority of Commissioner to require amendment of false or misleading statement 690C.270Cancellation: Grounds; effective date 690C.300Regulations 690C.310Retention of records by provider 690C.320Examinations by Commissioner 690C.325Suspension, limitation, revocation or refusal to renew certificate of registration: Grounds; administrative fine; immediate suspension 690C.330Civil penalty for violation of chapter or order or regulation of Commissioner