Disclosure of financial interest required; agent or broker who submits or performs services in connection with agreement prohibited from receiving compensation.
Nev. Rev. Stat. § 686A.500
in effect1. Any licensed resident or nonresident agent or broker who has any financial interest in a company, other than in submitting agreements through the company, shall disclose to the insured, in the manner prescribed by the Commissioner, his or her interest in the company.
2. A licensed resident or nonresident agent or broker who submits any agreement shall not accept any compensation for arranging, directing or performing services in connection with the agreement. A company shall not pay or offer to pay any compensation to a licensed resident or nonresident agent or broker who submits an agreement to the company.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-686A.htmlFetched: 10/4/2026