1. Except as otherwise provided in NRS 683A.3687 or 691D.220, a producer of insurance who is appointed as an agent may pay a commission or compensation for or on account of the selling, soliciting, procuring or negotiating of insurance in this State only to a licensed and appointed producer of insurance of the insurer with whom insurance was placed or to a licensed producer acting as a broker.
2. A licensee shall not accept any commission or compensation to which the licensee is not entitled pursuant to the provisions of this title.
(Added to NRS by 2005, 2121; A 2015, 1203; 2017, 4001)