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Current as of January 01, 2025 | Updated by Findlaw Staff
1. An organization seeking to be registered as a voluntary purchasing group:
(a) Must be incorporated as a Nevada corporation not for profit for the purpose of securing health benefits for its members and their eligible employees and dependents;
(b) Shall file articles of incorporation with the Secretary of State and provide a copy of the articles to the Commissioner in such a form as the Commissioner may require; and
(c) Must apply to the Commissioner for and obtain a certificate of registration to operate as a voluntary purchasing group.
2. The contents of the application must be established by the Commissioner and include at least:
(a) The name of the voluntary purchasing group and any agent for service of process;
(b) Provisions to govern the business and affairs of the group, including the management and organizational structure;
(c) An affidavit by an officer of the organization that the group is in compliance with the requirements of NRS 689C.490 to 689C.600, inclusive; and
(d) The names of managing personnel of the voluntary purchasing group.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 689C.500. Registration: Requirements; application - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-689c-500/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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