Administration of plan of insurance authorized; conditions
Applied in 1 court decision — leading case State, Department of Industrial Relations v. Albanese (1996)
Most recently applied in State, Department of Industrial Relations v. Albanese (July 1996)
(Added to NRS by 1991, 2393; A 1993, 710; 1999, 1771, 2821, 2822; 2025, 3296)
1. An insurer may enter into a contract to have his or her plan of insurance administered by a third-party administrator.
2. An insurer shall not enter into a contract with any person for the administration of any part of the plan of insurance unless that person has a certificate issued by the Commissioner pursuant to NRS 683A.08524 and the person, or a legal representative of the person, maintains an office in this State.
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.