Nev. Rev. Stat. § 691C.250
Credit personal property insurance sold in conjunction with closed-end credit transaction: Insurer prohibited from issuing or selling certain insurance
Nevada · Nevada Revised Statutes Chapter 691C — Credit Personal Property Insurance · Status: effective
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- Citation
- Nev. Rev. Stat. § 691C.250, Credit personal property insurance sold in conjunction with closed-end credit transaction: Insurer prohibited from issuing or selling certain insurance, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2148474
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Full text
For credit personal property insurance sold in conjunction with a closed-end credit transaction, an insurer shall not:
1. Issue credit personal property insurance unless the amount financed exceeds $300;
2. Issue credit personal property insurance in an amount that exceeds the amount of the underlying credit transaction; and
3. Sell credit personal property insurance with a term that exceeds the scheduled term of the underlying credit transaction.