Nev. Rev. Stat. § 689C.500

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 689C.500 - Registration: Requirements; application

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.

NRS 689C.500

Added to NRS by 1995, 2680