695D.240 - Limitation on expenses for marketing and administration. - Nevada Statutes

695D.240  Limitation on expenses for marketing and administration.

      1.  The organization for dental care shall use not more than 25 percent of its prepaid charges or premiums for marketing and administrative expenses, including all costs to solicit members or dentists.

      2.  The Commissioner may adopt regulations which define “marketing and administrative expenses” for the purposes of subsection 1.

      (Added to NRS by 1983, 2026; A 1993, 2401)