Compensation of travel retailer by producer of limited lines travel insurance; limitations.

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1. A travel retailer, or any employee or authorized representative of a travel retailer, who is listed in the register of a producer of limited lines travel insurance as being authorized to offer and disseminate travel insurance pursuant to NRS 683A.3685 may receive from the producer of limited lines travel insurance compensation related to the offering and disseminating of travel insurance.

2. A travel retailer, or employee or authorized representative of a travel retailer, who does not hold a valid license as a producer of insurance or a producer of limited lines travel insurance pursuant to this chapter shall not receive any compensation for the performance of any insurance related activity or service, other than the offering and disseminating of travel insurance as authorized pursuant to subsection 1.

(Added to NRS by 2015, 1201)


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