Nev. Rev. Stat. § 695B.165
Annual statement required to include report of net worth
Nevada · Nevada Revised Statutes Chapter 695B — Nonprofit Corporations for Hospital, Medical and Dental Service · Status: effective
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- Nev. Rev. Stat. § 695B.165, Annual statement required to include report of net worth, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2149806
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Full text
A corporation which has been issued a certificate of authority pursuant to this chapter shall maintain and report on its statement filed with the Commissioner pursuant to NRS 695B.160 a net worth in an amount which is not less than the greater of:
1. One million five hundred thousand dollars;
2. Two percent of the first $150,000,000 earned as revenue from premiums collected in the preceding 12-month period, plus 1 percent of the amount in excess of $150,000,000 earned as revenue from premiums collected in that same period; or
3. The amount of risk-based capital required by regulations adopted by the Commissioner pursuant to NRS 681B.550.