Nevada Revised Statutes 687B.160 – Execution of policies
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1. Every insurance policy must be executed in the name of and on behalf of the insurer by its officer, attorney-in-fact, employee or representative duly authorized by the insurer.
Terms Used In Nevada Revised Statutes 687B.160
- Attorney-in-fact: A person who, acting as an agent, is given written authorization by another person to transact business for him (her) out of court.
- Contract: A legal written agreement that becomes binding when signed.
2. Any such executing individual may use, in lieu of an original signature:
(a) A facsimile signature; or
(b) An electronic signature pursuant to the provisions of chapter 719 of NRS.
3. An insurance contract issued before, on or after January 1, 1972, which is otherwise valid is not rendered invalid by reason of the apparent execution thereof on behalf of the insurer by the imprinted facsimile signature of an individual not authorized so to execute as of the date of the policy.