2013 Nevada Revised Statutes
Chapter 695F - Prepaid Limited Health Service Organizations
NRS 695F.200 - Maintenance of capital account and surety.


NV Rev Stat § 695F.200 (2013) What's This?

Each prepaid limited health service organization which receives a certificate of authority shall maintain a:

1. Capital account with a net worth of not less than $200,000 unless a lesser amount is permitted in writing by the Commissioner. The account must not be obligated for any accrued liabilities and must consist of cash, securities or a combination thereof which is acceptable to the Commissioner.

2. Surety bond or deposit of cash or securities for the protection of enrollees of not less than $250,000.

(Added to NRS by 1991, 1118)

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