Nev. Admin. Code § 485.150 - "Amended," "issued" and "terminated" interpreted

As used in NAC 485.150 to 485.190, inclusive:

1. "Amended" means:

(a) The addition or removal of a motor vehicle from a motor vehicle liability policy;

(b) The addition or removal of a named insured from a motor vehicle liability policy; or

(c) The correction of erroneous information within a motor vehicle liability policy.

2. "Issued" means:

(a) Issuance of a new motor vehicle liability policy; or

(b) Reinstatement of a motor vehicle liability policy after there has been a lapse in coverage.

3. "Terminated" means:

(a) The expiration of a motor vehicle liability policy;

(b) The nonrenewal of a motor vehicle liability policy; or

(c) The cancellation of a motor vehicle liability policy by the insurance company that issued the policy, whether such expiration, nonrenewal or cancellation applies to one or all of the motor vehicles covered under the policy.

Notes

Nev. Admin. Code § 485.150

Added to NAC by Dep't of Motor Veh. & Pub. Safety by R176-97, eff. 6-4-98; A by Dep't of Motor Veh. by R171-09, 4-20-2010

NRS 485.130, 485.313, 485.314