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NRS 695D.240

Limitation on use of charges or premiums for marketing and administrative expenses; regulations

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

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.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.