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2017 Nevada Revised Statutes
Chapter 689C - Health Insurance for Small Employers
NRS 689C.550 - Collection of premiums; trust account for deposit of premiums.
Universal Citation: NV Rev Stat § 689C.550 (2017)
A voluntary purchasing group shall offer to collect premiums for contracts offered through the purchasing group and maintain a trust account for the deposit of premiums collected to be paid to carriers for coverage offered through the purchasing group. A voluntary purchasing group is a fiduciary with respect to any premiums so collected.
(Added to NRS by 1995, 2681)
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