Nev. Rev. Stat. § 689C.540
Duties
Nevada · Nevada Revised Statutes Chapter 689C — Health Insurance for Small Employers · Status: effective
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- Citation
- Nev. Rev. Stat. § 689C.540, Duties, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2147990
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Full text
A voluntary purchasing group shall:
1. Establish administrative and accounting procedures for the operation of the group and the provision of services to members, prepare an annual budget and annual operational fiscal reports;
2. Provide for internal and independent audits; and
3. Maintain all records, reports and other information of the group and may contract with qualified third-party administrators, licensed insurance agents or brokers as needed.