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Current as of January 01, 2025 | Updated by Findlaw Staff
Each application for a certificate of authority must be filed with the Commissioner on a form prescribed by the Commissioner, must be verified by an officer or authorized representative of the organization for dental care and must include:
1. A copy of any organizational document for the organization and all amendments to that document.
2. A copy of any bylaws, rules or regulations governing the internal affairs of the organization.
3. A list of the names, addresses and official positions of the persons responsible for operating the organization, including the members of the board of directors, board of trustees, executive committee, principal officers or partners.
4. A copy of the contracts made or proposed to be made between the applicant and those persons listed in subsection 3 and the dentists.
5. A statement describing the applicant's plan for dental care, its facilities and personnel.
6. A copy of the policy to be issued to its members.
7. A copy of any contract for groups to be issued to employers, unions, trustees or other organizations.
8. Certified financial statements showing the applicant's assets, liabilities and sources of support. A copy of the applicant's most recent certified financial statement satisfies this requirement unless the Commissioner requests additional information from the applicant.
9. A description of the method to be used to market the plan for dental care, including a financial statement, a projection for the initial 5 years of operation of the plan and a statement of the sources of capital for the organization.
10. A power of attorney executed by the applicant or its officers, which appoints the Commissioner as the attorney for the applicant upon whom service of process may be made in this State.
11. A statement describing the geographic area or areas to be served by the applicant.
12. A statement indicating that all the dentists for the plan are licensed pursuant to chapter 631 of NRS.
13. Any other information requested by the Commissioner.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 57. Insurance § 695D.120. Certificate of authority: Application - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-57-insurance/nv-rev-st-695d-120/
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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