How to Surrender the Service Contract Provider License
To surrender the service contract provider license, complete the Surrender form and email it to ServiceContracts@doi.nv.gov.
Additional Requirements
A provider must maintain records of all transactions under the certificate for at least 1 year after the expiration of the contract. Those records must include:
- A copy of each type of service contract that the provider issues, sells or offers for sale;
- The name and address of each holder who possesses a service contract under which the provider has a duty to perform, to the extent that the provider knows the name and address of each holder;
- A list that includes each location where the provider issues, sells or offers for sale service contracts; and
- The date and a description of each claim made by a holder under a service contract.
A provider who intends to cease doing business in this state must provide sufficient proof that all duties to the contract holders in this state have been fulfilled. Such a provider shall not destroy their records without the prior approval of the Commissioner. Within 30 days after cessation, the provider must notify the Division and each holder of an unexpired service contract, in writing, of the fact that the provider has ceased doing business in this state. This does not render a contract void, cancelled, or release the provider from any liability imposed by a violation of law.