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2017 Nevada Revised Statutes
Chapter 689C - Health Insurance for Small Employers
NRS 689C.540 - Duties.
Universal Citation: NV Rev Stat § 689C.540 (2017)
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.
(Added to NRS by 1995, 2681)
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