Nevada Revised Statutes Title 57. Insurance § 689C.540. Duties

1. Establish administrative and accounting procedures for the operation of the group and the provision of services to members, prepare an annual budget and annual operational fiscal reports;

2. Provide for internal and independent audits; and

3. Maintain all records, reports and other information of the group and may contract with qualified third-party administrators, licensed insurance agents or brokers as needed.