Nev. Admin. Code § 695H.110

Current through December 12, 2024

Section 695H.110 - Administrator, insurer or affiliate of insurer: Satisfaction of requirements for organizational documents and financial statements

An administrator, insurer or affiliate of an insurer shall be deemed to have satisfied the requirements of paragraph (b) or (f) of subsection 1 of NRS 695H.090 if the administrator, insurer or affiliate of an insurer:

1. Has a current license or certificate of authority issued by the Division; and

2. Has previously submitted, pursuant to any other provision of title 57 of NRS or any regulation adopted pursuant thereto, information that is substantially similar to the information required pursuant to paragraph (b) or (f) of subsection 1 of NRS 695H.090 and the previously submitted information:

(a) Is current and accurate;

(b) Involved the same person as is involved in the application for registration to engage in business as a medical discount plan; and

(c) Satisfies, at a minimum, the requirements set forth in paragraph (b) or (f) of subsection 1 of NRS 695H.090.

Nev. Admin. Code § 695H.110

Added to NAC by Comm'r of Insurance by R133-05, eff. 10-31-2005

NRS 679B.130, 695H.090, 695H.160