NRS 689C.500 - Requirements for registration as voluntary purchasing group; application.

NV Rev Stat § 689C.500 (2019) (N/A)

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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.

(Added to NRS by 1995, 2680)

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NRS 689C.490 - Formation of voluntary purchasing group by small employers; requirements when affiliate of group ceases to qualify as small employer.

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NRS 689C.510 - Fee for application; response to application.