689C.500 - Requirements for registration as voluntary purchasing group; application. - Nevada Statutes

689C.500  Requirements for registration as voluntary purchasing group; application.

      1.  An organization seeking to be registered as a voluntary purchasing group:

      (a) Must be incorporated as a Nevada corporation not for profit for the purpose of securing health benefits for its members and their eligible employees and dependents;

      (b) Shall file articles of incorporation with the Secretary of State and provide a copy of the articles to the Commissioner in such a form as the Commissioner may require; and

      (c) Must apply to the Commissioner for and obtain a certificate of registration to operate as a voluntary purchasing group.

      2.  The contents of the application must be established by the Commissioner and include at least:

      (a) The name of the voluntary purchasing group and any agent for service of process;

      (b) Provisions to govern the business and affairs of the group, including the management and organizational structure;

      (c) An affidavit by an officer of the organization that the group is in compliance with the requirements of NRS 689C.490 to 689C.600, inclusive; and

      (d) The names of managing personnel of the voluntary purchasing group.

      (Added to NRS by 1995, 2680)