Current through December 31, 2024
Section 439B.530 - "Financial interest" defined1. Except as otherwise provided in paragraph (f) of subsection 2 of NRS 439B.425, "financial interest" means an ownership or other interest:(a) That provides compensation based, in whole or in part, upon the volume or value of goods or services provided as a result of referrals; and(b) Which a practitioner or a person related to the practitioner within two degrees of consanguinity or affinity:(1) Owns, in whole or in part; or(2) Holds as a beneficiary of a trust.2. The term includes, but is not limited to:(a) A financial kickback, referral fee or finder's fee.(b) An income-sharing agreement, debt instrument, or lease or rental agreement that provides compensation based, in whole or in part, upon the volume or value of the goods or services provided as a result of referrals.Nev. Admin. Code § 439B.530
Added to NAC by Dep't of Human Resources, eff. 3-9-94