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Nevada Revised Statutes Title 57. Insurance § 689C.550. Collection of premiums; trust account for deposit of premiums

Current as of January 01, 2025 | Updated by Findlaw Staff

A voluntary purchasing group shall offer to collect premiums for contracts offered through the purchasing group and maintain a trust account for the deposit of premiums collected to be paid to carriers for coverage offered through the purchasing group. A voluntary purchasing group is a fiduciary with respect to any premiums so collected.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 689C.550. Collection of premiums; trust account for deposit of premiums - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-689c-550/

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