Agent’s license required; exception; administrative fine.

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1. It is unlawful for any person to solicit the sale of a prepaid contract in this state on behalf of a seller unless the person holds a valid agent’s license issued by the Commissioner.

2. This section does not apply to a seller who holds a valid seller’s certificate of authority.

3. A person who solicits the sale of a prepaid contract in this state without a license is subject to an administrative fine of not more than $1,000 for each violation.

(Added to NRS by 1971, 1396; A 1987, 1263; 2001, 2216)


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