requires two-thirds majority vote (§§ 13, 33, 38)                                    

                                                                                                  

                                                                                                                  A.B. 425

 

Assembly Bill No. 425–Assemblywoman Angle

 

March 19, 2001

____________

 

Referred to Committee on Commerce and Labor

 

SUMMARY—Revises provisions governing health insurance. (BDR 57‑1295)

 

FISCAL NOTE:            Effect on Local Government: Yes.

                                    Effect on the State: No.

 

~

 

EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted.

Green numbers along left margin indicate location on the printed bill (e.g., 5-15 indicates page 5, line 15).

 

AN ACT relating to insurance; authorizing a chamber of commerce to engage in the business of insurance under certain circumstances; revising the provisions governing certain policies of health insurance that provide coverage for a child or a parent or spouse of a parent of a policyholder; providing a penalty; and providing other matters properly relating thereto.

 

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN

SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

 

1-1    Section 1. Title 57 of NRS is hereby amended by adding thereto a

1-2  new chapter to consist of the provisions set forth as sections 2 to 44,

1-3  inclusive, of this act.

1-4    Sec. 2.  As used in this chapter, unless the context otherwise

1-5  requires, the words and terms defined in sections 3 to 12, inclusive, of

1-6  this act have the meanings ascribed to them in those sections.

1-7    Sec. 3. “Benefit contract” means an agreement for the provision of

1-8  any contractual benefit authorized by section 25 of this act.

1-9    Sec. 4.  “Benefit member” means a member of a chamber of

1-10  commerce who is an adult and who is designated by the laws or rules of

1-11  the chamber of commerce to be a benefit member under a benefit

1-12  contract.

1-13    Sec. 5.  “Certificate for health benefits” means a certificate issued as

1-14  written evidence of the benefit contract.

1-15    Sec. 6.  “Certificate of authority” means a certificate issued by the

1-16  commissioner to a chamber of commerce authorizing it to engage in the

1-17  business of insurance, including the issuance of certificates for health

1-18  benefits, in accordance with the provisions of this chapter.

1-19    Sec. 7.  “Chamber of commerce” means any association or

1-20  organization formed in accordance with the laws of this state:

1-21    1.  To promote the commercial interests of a county, city, town or

1-22  other area of this state; and


2-1    2.  Whose membership consists of owners or operators of businesses,

2-2  persons who are self-employed or any other person admitted as a member

2-3  in accordance with the laws or rules of the association or organization.

2-4    Sec. 8.  “Laws” means the articles of incorporation, charter,

2-5  constitution and bylaws of a chamber of commerce.

2-6    Sec. 9.  “Medicaid” means a program established in any state

2-7  pursuant to Title XIX of the Social Security Act, 42 U.S.C. §§ 1396 et

2-8  seq., to provide assistance for part or all of the cost of medical care

2-9  rendered on behalf of indigent persons.

2-10    Sec. 10.  “Order for medical coverage” means an order of a court or

2-11  administrative tribunal to provide coverage under a certificate for health

2-12  benefits to a child pursuant to the provisions of 42 U.S.C. § 1396g-1.

2-13    Sec. 11.  “Premiums” means premiums, rates, dues or other required

2-14  contributions that are payable under a certificate for health benefits.

2-15    Sec. 12.  “Rules” includes all rules, regulations and resolutions

2-16  which have been adopted by the governing body of a chamber of

2-17  commerce and which apply to the members of a chamber of commerce.

2-18    Sec. 13.  1.  A chamber of commerce may, in accordance with

2-19  regulations adopted by the commissioner, apply to the commissioner for

2-20  the issuance of a certificate of authority. A single application may be

2-21  submitted by one or more chambers of commerce who have joined

2-22  together to apply for a certificate of authority to issue certificates for

2-23  health benefits in accordance with the provisions of this chapter. The

2-24  application must be submitted on a form approved by the commissioner

2-25  and include such information as required by him.

2-26    2.  Upon presentation of satisfactory evidence that the chamber of

2-27  commerce has complied with the provisions of this chapter and

2-28  regulations adopted pursuant to this chapter, the commissioner shall

2-29  issue to the chamber of commerce a certificate of authority indicating

2-30  that the chamber of commerce may engage in the business of insurance

2-31  and issue certificates for health benefits pursuant to the provisions of this

2-32  chapter.

2-33    3.  The certificate of authority is prima facie evidence of the existence

2-34  of the chamber of commerce on the date of the certificate.

2-35    4.  The commissioner shall cause a record of the certificate of

2-36  authority to be made. A certified copy of the record may be given in

2-37  evidence with the same effect as the original certificate of authority.

2-38    5.  For the issuance or renewal of a certificate of authority, a

2-39  chamber of commerce must pay to the commissioner:

2-40    (a) A fee of $250, if the number of outstanding benefit contracts of the

2-41  chamber of commerce is 600 or less;

2-42    (b) A fee of $500, if the number of outstanding benefit contracts of the

2-43  chamber of commerce is more than 600 but less than 1,200; and

2-44    (c) A fee of $2,450, if the number of outstanding benefit contracts of

2-45  the chamber of commerce is 1,200 or more.

2-46  Each such certificate or renewal expires on March 1 after it is issued or

2-47  renewed.

2-48    6.  If a chamber of commerce applies for the renewal of its certificate

2-49  of authority but does not receive approval of its application by March 1,


3-1  it may continue to transact business pursuant to this chapter unless it

3-2  receives notice that the application for renewal is denied.

3-3    7.  A certified copy or duplicate of a certificate of authority is prima

3-4  facie evidence that the chamber of commerce may lawfully transact

3-5  business pursuant to the provisions of this chapter during the period

3-6  specified on the certificate of authority.

3-7    Sec. 14.  A chamber of commerce or a group of chambers of

3-8  commerce may engage in the business of insurance for the benefit of its

3-9  members, the employees of its members and the dependents of those

3-10  members and employees by providing benefits as specified in section 25

3-11  of this act and may:

3-12    1.  Adopt and amend laws and rules for the government of the

3-13  chamber of commerce, the admission of its members and the

3-14  management of its affairs;

3-15    2.  Carry out its purposes directly or through a subsidiary or affiliated

3-16  chamber of commerce;

3-17    3.  Create, maintain and operate, or establish organizations to

3-18  operate, nonprofit institutions to further the purposes of the chamber of

3-19  commerce; and

3-20    4.  Exercise any other power which is necessary and incidental to

3-21  carrying out the purposes of the chamber of commerce and which is not

3-22  inconsistent with the provisions of this chapter.

3-23    Sec. 15.  A chamber of commerce may charge a provider of health

3-24  care a fee to include the name of the provider on a list of providers of

3-25  health care given by the chamber of commerce to its benefit members.

3-26  The amount of the fee must be reasonable and not exceed an amount

3-27  that is directly related to the administrative costs of the chamber of

3-28  commerce to include the provider on the list.

3-29    Sec. 16.  1.  A chamber of commerce may provide in its laws for an

3-30  official publication in which any notice, report or statement required by

3-31  law to be provided to a member may be published.

3-32    2.  If the records of a chamber of commerce indicate that two or more

3-33  benefit members have the same mailing address, an official publication

3-34  of the chamber of commerce mailed to one member shall be deemed to be

3-35  mailed to all members at the same address unless a member requests a

3-36  separate copy.

3-37    3.  A chamber of commerce may provide in its laws or rules a

3-38  procedure by which a benefit member may bring a grievance or

3-39  complaint against the chamber of commerce, or its governing body,

3-40  officers, directors, employees or other members.

3-41    4.  Membership rights in a chamber of commerce may not be

3-42  assigned.

3-43    Sec. 17.  1.  A chamber of commerce that wishes to consolidate or

3-44  merge with any other chamber of commerce must file with the

3-45  commissioner:

3-46    (a) A certified copy of the written contract setting forth in full the

3-47  terms and conditions of the consolidation or merger;

3-48    (b) A sworn statement by the president and secretary or corresponding

3-49  officers of each chamber of commerce showing the financial condition


4-1  thereof on a date fixed by the commissioner, but not earlier than

4-2  December 31 immediately preceding the date of the contract;

4-3    (c) The certification of such officers, verified by their respective oaths,

4-4  that the consolidation or merger has been approved by a two-thirds vote

4-5  of the governing body of each chamber of commerce at a regular or

4-6  special meeting of those bodies or, if authorized by the laws of the

4-7  chamber of commerce, by mail; and

4-8    (d) Evidence that at least 60 days before the action of the governing

4-9  body of each chamber of commerce, the text of the contract was provided

4-10  to all members of each chamber of commerce by mail or by publication

4-11  in full in the official publication of each chamber of commerce.

4-12    2.  If the commissioner finds that the contract setting forth in full the

4-13  terms and conditions of the consolidation or merger is in conformity with

4-14  the provisions of this section, that the financial statements are correct

4-15  and that the consolidation or merger is just and equitable to the members

4-16  of each chamber of commerce, he shall approve the contract and issue a

4-17  certification indicating that fact.

4-18    3.  The contract becomes effective upon approval by the

4-19  commissioner unless any chamber of commerce that is a party to the

4-20  contract is incorporated under the laws of any other state or territory, in

4-21  which case the consolidation or merger does not become effective unless:

4-22    (a) It is approved as provided by the laws of the other state or territory

4-23  and a certificate of such approval has been filed with the commissioner

4-24  of this state; or

4-25    (b) If the laws of the other state or territory do not provide for such

4-26  approval, it is approved by the officer responsible for supervising the

4-27  business of insurance in the other state or territory and a certificate of

4-28  such approval has been filed with the commissioner of this state.

4-29    4.  Upon the consolidation or merger becoming effective as provided

4-30  in this chapter, all the rights, franchises and interests of the consolidated

4-31  or merged chambers of commerce in and to every species of property,

4-32  real, personal or mixed, and things in action belonging thereto are vested

4-33  in the chamber of commerce resulting from or remaining after the

4-34  consolidation or merger without any other instrument, except that

4-35  conveyances of real property may be evidenced by deeds. The title to any

4-36  real property or interest therein, vested under the laws of this state in any

4-37  of the chambers of commerce consolidated or merged, does not revert

4-38  and is not impaired by the consolidation or merger but vests absolutely in

4-39  the chamber of commerce resulting from or remaining after the

4-40  consolidation or merger.

4-41    5.  The affidavit of any officer of the chamber of commerce or of a

4-42  person authorized by it to mail any notice or document, stating that the

4-43  notice or document has been addressed and mailed, is prima facie

4-44  evidence that the notice or document has been provided to the addressees.

4-45    Sec. 18.  1.  A chamber of commerce shall not, when considering

4-46  eligibility for coverage or making payments or paying premiums under a

4-47  certificate for health benefits, consider the availability of, or eligibility of

4-48  a person for, medical assistance under Medicaid.


5-1    2.  To the extent that payment has been made by Medicaid for health

5-2  care, a chamber of commerce:

5-3    (a) Shall treat Medicaid as having a valid and enforceable assignment

5-4  of an insured’s benefits regardless of any exclusion of Medicaid or the

5-5  absence of a written assignment; and

5-6    (b) May, as otherwise authorized by its certificate for health benefits,

5-7  evidence of coverage or contract and applicable law or regulation

5-8  concerning subrogation, seek to enforce any reimbursement rights of a

5-9  recipient of Medicaid against any other liable party if:

5-10      (1) It is so authorized pursuant to a contract with Medicaid for

5-11  managed care; or

5-12      (2) It has reimbursed Medicaid in full for the health care provided

5-13  by Medicaid to its insured.

5-14    3.  If a state agency is assigned any rights of a person who is:

5-15    (a) Eligible for medical assistance under Medicaid; and

5-16    (b) Covered by a certificate for health benefits,

5-17  the chamber of commerce that issued the health policy shall not impose

5-18  any requirements upon the state agency except requirements it imposes

5-19  upon the agents or assignees of other persons covered by the certificate

5-20  for health benefits.

5-21    Sec. 19.  1.  To the extent reasonably applicable, a chamber of

5-22  commerce shall comply with the provisions of NRS 689B.340 to

5-23  689B.590, inclusive, and chapter 689C of NRS relating to the portability

5-24  and availability of health insurance offered by the chamber of commerce

5-25  to its benefit members. If there is a conflict between the provisions of this

5-26  chapter and the provisions of NRS 689B.340 to 689B.590, inclusive, and

5-27  chapter 689C of NRS, the provisions of NRS 689B.340 to 689B.590,

5-28  inclusive, and chapter 689C of NRS control.

5-29    2.  For the purposes of subsection 1, unless the context requires that

5-30  a provision apply only to a group health plan or a carrier that provides

5-31  coverage under a group health plan, any reference in those sections to

5-32  “group health plan” or “carrier” must be replaced by “chamber of

5-33  commerce.”

5-34    Sec. 20.  A chamber of commerce shall not deny the enrollment of a

5-35  child pursuant to an order for medical coverage under a certificate for

5-36  health benefits pursuant to which a parent of the child is insured on the

5-37  ground that the child:

5-38    1.  Was born out of wedlock;

5-39    2.  Has not been claimed as a dependent on the parent’s federal

5-40  income tax return; or

5-41    3.  Does not reside with the parent or within the geographic area of

5-42  service of the chamber of commerce.

5-43    Sec. 21.  If a child has coverage under a certificate for health

5-44  benefits pursuant to which a noncustodial parent of the child is insured,

5-45  the chamber of commerce issuing that certificate for health benefits

5-46  shall:

5-47    1.  Provide to the custodial parent such information as is necessary

5-48  for the child to obtain any benefits under that coverage.


6-1    2.  Allow the custodial parent or, with the approval of the custodial

6-2  parent, a provider of health care to submit claims for covered services

6-3  without the approval of the noncustodial parent.

6-4    3.  Make payments on claims submitted pursuant to subsection 2

6-5  directly to the custodial parent, the provider of health care, or an agency

6-6  of this or another state responsible for the administration of Medicaid.

6-7    Sec. 22.  If a parent is required by an order for medical coverage to

6-8  provide coverage under a certificate for health benefits for a child and

6-9  the parent is eligible for coverage of the members of his family under a

6-10  certificate for health benefits, the chamber of commerce that issued the

6-11  certificate:

6-12    1.  Shall, if the child is otherwise eligible for that coverage, allow the

6-13  parent to enroll the child in that coverage without regard to any

6-14  restrictions upon periods for enrollment.

6-15    2.  Shall, if:

6-16    (a) The child is otherwise eligible for that coverage; and

6-17    (b) The parent is enrolled in that coverage but fails to apply for

6-18  enrollment of the child,

6-19  enroll the child in that coverage upon application by the other parent of

6-20  the child, or by an agency of this or another state responsible for the

6-21  administration of Medicaid or a state program for the enforcement of

6-22  child support established pursuant to 42 U.S.C. §§ 651 et seq., without

6-23  regard to any restrictions upon periods for enrollment.

6-24    3.  Shall not terminate the enrollment of the child in that coverage or

6-25  otherwise eliminate that coverage of the child unless the chamber of

6-26  commerce has written proof that:

6-27    (a) The order for medical coverage is no longer in effect; or

6-28    (b) The child is or will be enrolled in comparable coverage through

6-29  another insurer on or before the effective date of the termination of

6-30  enrollment or elimination of coverage.

6-31    Sec. 23.  1.  If a person:

6-32    (a) Adopts a dependent child; or

6-33    (b) Assumes and retains a legal obligation for the total or partial

6-34  support of a dependent child in anticipation of adopting the
child,

6-35  while the person is eligible for group coverage under a certificate for

6-36  health benefits, the chamber of commerce issuing that certificate shall

6-37  not restrict the coverage, in accordance with NRS 689B.340 to 689B.590,

6-38  inclusive, and chapter 689C of NRS relating to the portability and

6-39  availability of health insurance, of the child solely because of a

6-40  preexisting condition the child has at the time he would otherwise

6-41  become eligible for coverage pursuant to that certificate.

6-42    2.  As used in this section, “child” means a person who is under 18

6-43  years of age at the time of his adoption or the assumption of a legal

6-44  obligation for his support in anticipation of his adoption.

6-45    Sec. 24.  1.  A chamber of commerce may amend its laws in

6-46  accordance with the provisions of those laws by action of its governing

6-47  body at any regular or special meeting thereof or, if its laws so provide,

6-48  by referendum. Such a referendum may be held in accordance with the


7-1  provisions of its laws by the vote of the members of the chamber of

7-2  commerce or by the vote of delegates or representatives of those

7-3  members. A chamber of commerce may provide for voting by mail. An

7-4  amendment submitted for adoption by referendum must not be adopted

7-5  unless, within 6 months after the date of submission thereof, a majority

7-6  of all the members of the chamber of commerce have signified their

7-7  consent to the amendment by one of the methods specified in this section.

7-8    2.  An amendment to the laws of a chamber of commerce does not

7-9  become effective unless approved by the commissioner, who shall

7-10  approve the amendment if he finds that it has been adopted and is not

7-11  inconsistent with any requirement of the laws of this state or with the

7-12  character, objects and purposes of the chamber of commerce. Unless the

7-13  commissioner disapproves an amendment within 60 days after it is filed,

7-14  the amendment shall be deemed approved. The approval or disapproval

7-15  of the commissioner must be in writing and mailed to the secretary or

7-16  corresponding officer of the chamber of commerce. If the commissioner

7-17  disapproves an amendment, the reasons for the disapproval must be

7-18  specified in the written notice.

7-19    3.  Within 90 days after their approval by the commissioner, all the

7-20  amendments, or a synopsis thereof, must be furnished to all members of

7-21  the chamber of commerce by mail or by publication in full in the official

7-22  publication of the chamber of commerce, if any. The affidavit of any

7-23  officer of the chamber of commerce or of a person authorized by it to

7-24  mail any amendments or synopsis thereof, stating facts which indicate

7-25  that the amendments or synopsis thereof have been addressed and

7-26  mailed, is prima facie evidence that the amendments or synopsis thereof

7-27  have been furnished the addressee.

7-28    4.  Printed copies of the laws as amended, certified by the secretary or

7-29  corresponding officer of the chamber of commerce, are prima facie

7-30  evidence of the legal adoption thereof.

7-31    Sec. 25. 1.  A chamber of commerce that is issued a certificate of

7-32  authority may provide hospital, medical or nursing benefits in any form.

7-33    2.  A chamber of commerce shall specify in its laws or rules those

7-34  persons who may be issued, or covered by, the benefits set forth in

7-35  subsection 1, consistent with the purpose of providing benefits to its

7-36  members, the employees of its members, and the dependents of those

7-37  members and employees. A chamber of commerce may provide additional

7-38  benefits upon the application of a member of the chamber of commerce.

7-39    Sec. 26.  1.  Except as otherwise provided in subsection 2, a

7-40  chamber of commerce shall approve or deny a claim relating to a

7-41  certificate for health benefits within 30 days after the chamber of

7-42  commerce receives the claim. If the claim is approved, the chamber of

7-43  commerce shall pay the claim within 30 days after it is approved. If the

7-44  approved claim is not paid within that period, the chamber of commerce

7-45  shall pay interest on the claim at the rate of interest established pursuant

7-46  to NRS 99.040 unless a different rate of interest is established pursuant

7-47  to an express written contract between the chamber of commerce and the

7-48  provider of health care. The interest must be calculated from 30 days

7-49  after the date on which the claim is approved until the claim is paid.


8-1    2.  If the chamber of commerce requires additional information to

8-2  determine whether to approve or deny the claim, it shall notify the

8-3  claimant of its request for the additional information within 20 days after

8-4  it receives the claim. The chamber of commerce shall notify the provider

8-5  of health care of each reason for the delay in approving or denying the

8-6  claim. The chamber of commerce shall approve or deny the claim within

8-7  30 days after receiving the additional information. If the claim is

8-8  approved, the chamber of commerce shall pay the claim within 30 days

8-9  after it receives the additional information. If the approved claim is not

8-10  paid within that period, the chamber of commerce shall pay interest on

8-11  the claim in the manner prescribed in subsection 1.

8-12    3.  A chamber of commerce shall not request a claimant to resubmit

8-13  information that the claimant has provided to the chamber of commerce,

8-14  unless the chamber of commerce provides a legitimate reason for the

8-15  request and the purpose of the request is not to delay the payment of the

8-16  claim, harass the claimant or discourage the filing of claims.

8-17    4.  A chamber of commerce shall not pay only part of a claim that has

8-18  been approved and is fully payable.

8-19    5.  A court shall award costs and reasonable attorney’s fees to the

8-20  prevailing party in an action brought pursuant to this section.

8-21    Sec. 27.  A chamber of commerce shall not deny a claim, refuse to

8-22  issue a benefit contract or cancel a benefit contract solely because the

8-23  claim involves an act that constitutes domestic violence pursuant to NRS

8-24  33.018, or because the person applying for or covered by the benefit

8-25  contract was the victim of such an act of domestic violence, regardless of

8-26  whether the insured or applicant contributed to any loss or injury.

8-27    Sec. 28.  No money or other benefit, charity, relief or aid to be paid,

8-28  provided or rendered by any chamber of commerce is liable to

8-29  attachment, garnishment or other process, or to be seized, taken,

8-30  appropriated or applied by any legal or equitable process or operation of

8-31  law to pay any debt or liability of a benefit member or beneficiary, or any

8-32  other person who may have a right thereunder, before or after payment

8-33  by the chamber of commerce.

8-34    Sec. 29.  1.  Each chamber of commerce shall issue to each owner

8-35  of a benefit contract a certificate for health benefits specifying the

8-36  amount of benefits provided thereby. The certificate for health benefits,

8-37  together with any riders or endorsements attached thereto, the laws of the

8-38  chamber of commerce, the application for membership, the application

8-39  for insurance and the declaration of insurability, if any, signed by the

8-40  applicant, and all amendments to each thereof, constitute the agreement,

8-41  as of the date of issuance, between the chamber of commerce and the

8-42  member, and the certificate must so state. A copy of the application for

8-43  insurance and the declaration of insurability, if any, must be endorsed

8-44  upon or attached to the certificate for health benefits.

8-45    2.  All statements on an application for insurance are representations

8-46  and not warranties. Any waiver of this provision is void.

8-47    3.  Except with regard to contracts providing benefits payable in

8-48  variable amounts, any changes, additions or amendments to the laws of

8-49  the chamber of commerce made or enacted after the issuance of the


9-1  certificate for health benefits are binding on the owner and the

9-2  beneficiaries, and govern and control the benefit contract as if the

9-3  changes, additions or amendments were in force at the time of the

9-4  application for insurance, except that no change, addition or amendment

9-5  may destroy or diminish benefits that the chamber of commerce

9-6  contracted to give the owner as of the date of issuance.

9-7    4.  Copies of any documents specified in this section, certified by the

9-8  secretary or corresponding officer of the chamber of commerce, must be

9-9  received in evidence of the terms and conditions thereof.

9-10    5.  Except with regard to benefit contracts providing benefits payable

9-11  in variable amounts, a chamber of commerce shall provide in its laws

9-12  that if its reserves as to all or any class of certificates for health benefits

9-13  become impaired, its governing body may require each owner of those

9-14  certificates for health benefits to pay to the chamber of commerce the

9-15  amount of his equitable proportion of such deficiency as determined by

9-16  its governing body, and that if the payment is not made, the owner may

9-17  elect to:

9-18    (a) Let it remain as an indebtedness against the certificate for health

9-19  benefits and draw interest at a rate not to exceed that specified for loans

9-20  made pursuant to the certificates for health benefits; or

9-21    (b) In lieu of, or in combination with paragraph (a), accept a

9-22  proportionate reduction in benefits under the certificate for health

9-23  benefits.

9-24  The chamber of commerce may specify the manner of the election and

9-25  which alternative is to be presumed if no election is made by the owner.

9-26    Sec. 30.  1.  No certificate for health benefits may be delivered or

9-27  issued for delivery in this state unless a copy of the form of the certificate

9-28  for health benefits has been filed with and approved by the commissioner

9-29  in compliance with the requirements of NRS 687B.120.

9-30    2.  The certificate for health benefits must include:

9-31    (a) A provision specifying the amount of premiums that are payable

9-32  under the certificate for health benefits;

9-33    (b) A provision setting forth the laws or rules that, if violated, will

9-34  result in the termination or reduction of benefits payable under the

9-35  certificate for health benefits;

9-36    (c) If the laws of the chamber of commerce provide for the expulsion

9-37  or suspension of a member, a provision that any member who is expelled

9-38  or suspended, except for nonpayment of a premium or, during the period

9-39  of contestability, for material misrepresentation in the application for

9-40  membership or insurance, may maintain the certificate for health

9-41  benefits in force by continuing payment of the required premium; and

9-42    (d) All standard contractual provisions which are required by the

9-43  provisions of chapters 687B, 689A and 689B of NRS to be included in

9-44  similar policies issued by health insurers in this state, and which are not

9-45  inconsistent with the provisions of this chapter.

9-46    3.  The certificate for health benefits may contain:

9-47    (a) A provision that the member is entitled to a grace period of 1

9-48  month in which the payment of any premium after the first may be made.


10-1    (b) The terms and conditions governing the assignability of the benefit

10-2  contract.

10-3    Sec. 31.  1.  If the commissioner upon investigation finds that a

10-4  chamber of commerce:

10-5    (a) Has exceeded its powers;

10-6    (b) Has failed to comply with any provision of this chapter;

10-7    (c) Is not fulfilling its contracts in good faith; or

10-8    (d) Is conducting business fraudulently or in a manner hazardous to

10-9  its members, creditors, the public or the business,

10-10  he shall notify the chamber of commerce of his findings, state in writing

10-11  the reasons for his dissatisfaction and issue a written order requiring the

10-12  chamber of commerce to make the necessary corrections. If the

10-13  commissioner finds that the chamber of commerce has failed to comply

10-14  with the order within 30 days after receiving it, he shall notify the

10-15  chamber of commerce of his finding of noncompliance and require the

10-16  chamber of commerce to show cause on a date specified in the notice

10-17  why the chamber of commerce should not be enjoined from transacting

10-18  any business until the violation complained of has been corrected, or why

10-19  an action in quo warranto should not be commenced against the

10-20  chamber of commerce.

10-21  2.  If on that date the chamber of commerce does not present good

10-22  and sufficient reasons why it should not be so enjoined or why such an

10-23  action should not be commenced, the commissioner may present the facts

10-24  relating thereto to the attorney general, who shall, if he deems the

10-25  circumstances warrant, commence an action to enjoin the chamber of

10-26  commerce from transacting business or an action in quo warranto.

10-27  3.  The court shall thereupon notify the officers of the chamber of

10-28  commerce of a hearing. If, after a full hearing, it appears that the

10-29  chamber of commerce should be enjoined or liquidated or a receiver

10-30  appointed, the court shall enter the necessary order.

10-31  4.  A chamber of commerce that is so enjoined shall not do business

10-32  until:

10-33  (a) The commissioner finds that the violation complained of has been

10-34  corrected;

10-35  (b) The costs of the action have been paid by the chamber of

10-36  commerce, if the court finds that the chamber of commerce was in

10-37  default as charged;

10-38  (c) The court has dissolved its injunction; and

10-39  (d) The commissioner has reinstated the certificate of authority.

10-40  5.  If the court orders the chamber of commerce to be liquidated, it

10-41  must be enjoined from carrying on any further business, whereupon the

10-42  receiver of the chamber of commerce shall proceed at once to take

10-43  possession of the books, papers, money and other assets of the chamber

10-44  of commerce and, under the direction of the court, proceed forthwith to

10-45  close the affairs of the chamber of commerce and to distribute its funds

10-46  to those entitled thereto.

10-47  6.  No action taken under this section may be recognized in any court

10-48  of this state unless brought by the attorney general upon request of the


11-1  commissioner. If a receiver is to be appointed for a chamber of

11-2  commerce, the court shall appoint the commissioner as the receiver.

11-3    7.  The provisions of this section relating to a hearing by the

11-4  commissioner, action by the attorney general at the request of the

11-5  commissioner, a hearing by the court, injunction and receivership apply

11-6  to a chamber of commerce that voluntarily determines to discontinue

11-7  business.

11-8    Sec. 32.  1.  Each insurance agent of a chamber of commerce must

11-9  be licensed pursuant to chapter 683A of NRS and any regulations

11-10  adopted by the commissioner that apply to health insurance agents.

11-11  2.  No written or other examination is required of a person who held

11-12  a license as an insurance agent on January 1, 2002, for renewals of his

11-13  license.

11-14  3.  No examination or license is required of:

11-15  (a) Any regular salaried officer or employee of a chamber of

11-16  commerce who devotes substantially all his services to activities other

11-17  than the solicitation of benefit contracts from the public, and who does

11-18  not receive for the solicitation of those contracts any commission or other

11-19  compensation directly dependent upon the amount of business obtained;

11-20  or

11-21  (b) Any member of the chamber of commerce who does not write

11-22  benefit contracts, and whose solicitation or negotiation is incidental to

11-23  securing new members for the chamber of commerce, and whose only

11-24  remuneration consists of prizes in the form of merchandise or payments

11-25  of a nominal amount of money.

11-26  Sec. 33.  1.  Each chamber of commerce that is issued a certificate

11-27  of authority shall appoint in writing the commissioner and each

11-28  successor in office to be its true and lawful attorney upon whom all

11-29  lawful process in any action or proceeding against it must be served, and

11-30  shall agree in the writing that any lawful process against it which is

11-31  served on the commissioner is of the same legal force and validity as if

11-32  served upon the chamber of commerce, and that the authority continues

11-33  in force as long as any liability remains outstanding. A copy of the

11-34  appointment, certified by the commissioner, constitutes sufficient

11-35  evidence of the appointment and must be admitted in evidence with the

11-36  same validity as the original.

11-37  2.  Service must be made only upon the commissioner, or if absent,

11-38  upon the person in charge of his office. Service must be made in

11-39  duplicate and constitutes sufficient service upon the chamber of

11-40  commerce. If legal process against a chamber of commerce is served

11-41  upon the commissioner, he shall immediately forward one of the

11-42  duplicate copies by registered mail, prepaid, directed to the secretary or

11-43  corresponding officer.

11-44  3.  No such service may require a chamber of commerce to file its

11-45  answer, pleading or defense in less than 30 days after the date of mailing

11-46  the copy of the service to a chamber of commerce.

11-47  4.  Legal process must not be served upon a chamber of commerce

11-48  except in the manner provided in this section.


12-1    5.  At the time of serving any process upon the commissioner, the

12-2  plaintiff or complainant in the action shall pay to the commissioner a fee

12-3  of $5.

12-4    6.  As used in this section, “process” includes only the summons or

12-5  the initial documents served in an action. The commissioner is not

12-6  required to serve any documents after the initial service of process.

12-7    Sec. 34.  No application or petition for an injunction against any

12-8  chamber of commerce may be recognized in any court of this state unless

12-9  made by the attorney general upon request of the commissioner.

12-10  Sec. 35.  All decisions and findings of the commissioner made

12-11  pursuant to the provisions of this chapter are subject to review by proper

12-12  proceedings in any court of competent jurisdiction in this state.

12-13  Sec. 36.  1.  All assets must be held, invested and disbursed for the

12-14  use and benefit of the chamber of commerce, and a member or

12-15  beneficiary must not have or acquire individual rights therein or become

12-16  entitled to any apportionment or the surrender of any part thereof, except

12-17  as otherwise provided in the benefit contract.

12-18  2.  A chamber of commerce may create, maintain, invest, disburse

12-19  and apply any special fund necessary to carry out any purpose authorized

12-20  by the laws of the chamber of commerce.

12-21  Sec. 37. A chamber of commerce shall invest its money only in such

12-22  investments as are authorized by the laws of this state for the investment

12-23  of assets of life insurers and subject to the limitations thereon.

12-24  Sec. 38. 1.  Each chamber of commerce that is issued a certificate

12-25  of authority shall annually, on or before the first day of March, unless

12-26  for cause shown the time is extended by the commissioner, file with the

12-27  commissioner an accurate statement of its financial condition,

12-28  transactions and affairs for the preceding calendar year and pay a filing

12-29  fee of $25. The statement must be in such a form and context as

12-30  approved by the commissioner.

12-31  2.  A synopsis of its annual statement providing an explanation of the

12-32  facts concerning the condition of the chamber of commerce thereby

12-33  disclosed must be printed and mailed to each benefit member of the

12-34  chamber of commerce not later than June 1 of each year, or, in lieu

12-35  thereof, the synopsis may be published in any official publication of the

12-36  chamber of commerce.

12-37  3.  As a part of the annual statement required by subsection 1, each

12-38  chamber of commerce shall, on or before the first day of March, file with

12-39  the commissioner a valuation of its certificates for health benefits in

12-40  force on the preceding December 31. The commissioner may, for cause

12-41  shown, extend the period for filing the valuation for not more than 60

12-42  days. The valuation and supporting data must be certified by a qualified

12-43  actuary.

12-44  Sec. 39.  If a chamber of commerce fails to file the annual statement

12-45  in the form and within the period specified in section 38 of this act, it

12-46  shall pay to the commissioner $100 for each day that the statement

12-47  remains unfiled or deficient, and upon notice by the commissioner to that

12-48  effect, its authority to do business in this state ceases until the statement

12-49  is filed.


13-1    Sec. 40.  1.  The officers and members of the governing body of a

13-2  chamber of commerce are not personally liable for payment of any

13-3  benefits provided by the chamber of commerce.

13-4    2.  A person may be indemnified and reimbursed by a chamber of

13-5  commerce for expenses reasonably incurred by, and liabilities imposed

13-6  upon, him in connection with or arising out of any action, suit or

13-7  proceeding, whether civil, criminal, administrative or investigative, or

13-8  threat thereof, in which the person may be involved because he is or was

13-9  a director, officer, employee or agent of the chamber of commerce or of

13-10  any firm, corporation or organization which he served in any capacity at

13-11  the request of the chamber of commerce.

13-12  3.  A person may not be so indemnified or reimbursed concerning any

13-13  matter in an action, suit or proceeding, or threat thereof, in which he is

13-14  finally adjudged to be guilty of a breach of a duty as a director, officer,

13-15  employee or agent of the chamber of commerce, or which is made the

13-16  subject of a compromise settlement, unless:

13-17  (a) He acted in good faith for a purpose he reasonably believed to be

13-18  in the best interests of the chamber of commerce; and

13-19  (b) If a criminal action, he had no reasonable cause to believe that his

13-20  conduct was unlawful.

13-21  4.  The determination of whether the conduct of a person meets the

13-22  standard required for indemnification and reimbursement may only be

13-23  made by:

13-24  (a) The governing body by a majority vote of a quorum consisting of

13-25  persons who were not parties to the action, suit or proceeding; or

13-26  (b) A court of competent jurisdiction.

13-27  5.  The termination of any action, suit or proceeding by judgment,

13-28  order, settlement or conviction, or upon a plea of nolo contendere, does

13-29  not create a conclusive presumption that the person does not meet the

13-30  standard of conduct required for indemnification and reimbursement.

13-31  6.  The right of indemnification and reimbursement does not exclude

13-32  other rights to which the person may be entitled as a matter of law, and

13-33  inures to the benefit of his heirs, executors and administrators.

13-34  7.  A chamber of commerce may purchase and maintain insurance

13-35  on behalf of any person who is or was a director, officer, employee or

13-36  agent of the chamber of commerce, or who is serving or has served at the

13-37  request of the chamber of commerce as a director, officer, employee or

13-38  agent of any other firm, corporation or organization, against any liability

13-39  asserted against and incurred by him in that capacity or arising out of his

13-40  status as such, regardless of whether the chamber of commerce

13-41  indemnifies the person against liability pursuant to this section.

13-42  8.  A director, officer, employee, member or volunteer of a chamber

13-43  of commerce who serves without compensation is not liable, and no

13-44  cause of action may be brought for, damages resulting from his exercise

13-45  of judgment or discretion in carrying out his duties or responsibilities on

13-46  behalf of the chamber of commerce, unless the act or omission involved

13-47  willful or wanton misconduct.

13-48  Sec. 41.  The commissioner, or any person he may appoint, may

13-49  examine any chamber of commerce that is engaging in the business of


14-1  insurance or applying for a certificate of authority in the same manner

14-2  as authorized for the examination of domestic, foreign or alien insurers.

14-3  For the purposes of this section, the provisions of NRS 679B.230 to

14-4  679B.300, inclusive, are applicable to a chamber of commerce.

14-5    Sec. 42.  A chamber of commerce is not exempt from the provisions

14-6  of NRS 679B.158. If a chamber of commerce is an admitted health

14-7  insurer, as that term is defined in NRS 449.450, it is not exempt from the

14-8  fees imposed pursuant to NRS 449.465.

14-9    Sec. 43.  Except as otherwise provided in this chapter or by a specific

14-10  statute, a chamber of commerce that is issued a certificate of authority is

14-11  governed by this chapter and is exempt from all other provisions of the

14-12  insurance laws of this state.

14-13  Sec. 44.  1.  Any person who makes a false or fraudulent statement

14-14  in or relating to an application for membership or for the purpose of

14-15  obtaining money from or a benefit in any chamber of commerce is guilty

14-16  of a gross misdemeanor.

14-17  2.  Any person convicted of a willful violation of, or neglect or refusal

14-18  to comply with, any provision of this chapter for which a penalty is not

14-19  otherwise prescribed shall be punished by a fine of not more than $1,000

14-20  for each violation, and not more than $10,000 for all related violations.

14-21  Sec. 45.  NRS 689A.030 is hereby amended to read as follows:

14-22  689A.030  A policy of health insurance must not be delivered or issued

14-23  for delivery to any person in this state unless it otherwise complies with

14-24  this code, and complies with the following:

14-25  1.  The entire money and other considerations for the policy must be

14-26  expressed therein.

14-27  2.  The time when the insurance takes effect and terminates must be

14-28  expressed therein.

14-29  3.  It must purport to insure only one person, except that a policy may

14-30  insure, originally or by subsequent amendment, upon the application of an

14-31  adult member of a family[,] who shall be deemed the policyholder, any

14-32  [two or more] eligible members of that family, including [the husband,

14-33  wife,] :

14-34  (a) The spouse;

14-35  (b) The dependent children, from the time of birth, adoption or

14-36  placement for the purpose of adoption as provided in NRS 689A.043, or

14-37  any children under a specified age which must not exceed 19 years except

14-38  as otherwise provided in NRS 689A.045[, and any] ;

14-39  (c) Any child under 30 years of age whose annual income, at the time

14-40  of application by the policyholder, is at or below the federally designated

14-41  level signifying poverty;

14-42  (d) Any parent of the policyholder or the spouse of that parent if, at

14-43  the time of application by the policyholder, the parent or spouse resides

14-44  with the policyholder and has an annual income at or below the federally

14-45  designated level signifying poverty; and

14-46  (e) Any other person dependent upon the policyholder.

14-47  4.  The style, arrangement and overall appearance of the policy must

14-48  not give undue prominence to any portion of the text, and every printed

14-49  portion of the text of the policy and of any endorsements or attached papers


15-1  must be plainly printed in light-faced type of a style in general use, the size

15-2  of which must be uniform and not less than 10 points with a lower case

15-3  unspaced alphabet length not less than 120 points. “Text” includes all

15-4  printed matter except the name and address of the insurer, the name or the

15-5  title of the policy, [the] a brief description, if any, and captions and

15-6  subcaptions.

15-7    5.  The exceptions and reductions of indemnity must be set forth in the

15-8  policy and, other than those contained in NRS 689A.050 to 689A.290,

15-9  inclusive, must be printed, at the insurer’s option, with the benefit

15-10  provision to which they apply or under an appropriate caption such as

15-11  “Exceptions” or “Exceptions and Reductions,” except that if an exception

15-12  or reduction specifically applies only to a particular benefit of the policy, a

15-13  statement of that exception or reduction must be included with the benefit

15-14  provision to which it applies.

15-15  6.  Each such form, including riders and endorsements, must be

15-16  identified by a number in the lower left-hand corner of the first page

15-17  thereof.

15-18  7.  The policy must not contain any provision purporting to make any

15-19  portion of the charter, rules, constitution or bylaws of the insurer a part of

15-20  the policy unless that portion is set forth in full in the policy, except in the

15-21  case of the incorporation of or reference to a statement of rates or

15-22  classification of risks, or short-rate table filed with the commissioner.

15-23  8.  The policy must provide benefits for [expense] expenses arising

15-24  from care at home or health supportive services if that care or service was

15-25  prescribed by a physician and would have been covered by the policy if

15-26  performed in a medical facility or facility for the dependent as defined in

15-27  chapter 449 of NRS.

15-28  9.  The policy must provide, at the option of the applicant, benefits for

15-29  expenses incurred for the treatment of abuse of alcohol or drugs, unless the

15-30  policy provides coverage only for a specified disease or provides for the

15-31  payment of a specific amount of money if the insured is hospitalized or

15-32  receiving health care in his home.

15-33  10.  The policy must provide benefits for [expense] expenses arising

15-34  from hospice care.

15-35  Sec. 46.  NRS 689B.030 is hereby amended to read as follows:

15-36  689B.030  Each group health insurance policy must contain in

15-37  substance the following provisions:

15-38  1.  A provision that, in the absence of fraud, all statements made by

15-39  applicants or the policyholders or by an insured person are representations

15-40  and not warranties, and that no statement made for the purpose of effecting

15-41  insurance voids the insurance or reduces its benefits unless the statement is

15-42  contained in a written instrument signed by the policyholder or the insured

15-43  person, a copy of which has been furnished to him or his beneficiary.

15-44  2.  A provision that the insurer will furnish to the policyholder for

15-45  delivery to each employee or member of the insured group a statement in

15-46  summary form of the essential features of the insurance coverage of that

15-47  employee or member and to whom benefits thereunder are payable. If

15-48  dependents are included in the coverage, only one statement need be issued

15-49  for each family.


16-1    3.  A provision that to the group originally insured may be added from

16-2  time to time eligible new employees or members or dependents, as the case

16-3  may be, in accordance with the terms of the policy.

16-4    4.  A provision for benefits for [expense] expenses arising from care at

16-5  home or health supportive services if the care or service was prescribed by

16-6  a physician and would have been covered by the policy if performed in a

16-7  medical facility or facility for the dependent as defined in chapter 449 of

16-8  NRS.

16-9    5.  A provision for benefits payable for expenses incurred for the

16-10  treatment of the abuse of alcohol or drugs, as provided in NRS 689B.036.

16-11  6.  A provision for benefits for expenses arising from hospice care.

16-12  7.  A provision that the policy may insure any eligible members of the

16-13  family of an insured under the policy, including, without limitation:

16-14  (a) Any child under 30 years of age whose annual income, at the time

16-15  of application by the policyholder, is at or below the federally designated

16-16  level signifying poverty; and

16-17  (b) Any parent of the policyholder or the spouse of that parent if, at

16-18  the time of application by the policyholder, the parent or spouse resides

16-19  with the policyholder and has an annual income at or below the federally

16-20  designated level signifying poverty.

16-21  Sec. 47.  NRS 689C.055 is hereby amended to read as follows:

16-22  689C.055  “Dependent” means a spouse or:

16-23  1.  A family member who the parent claimed as his dependent on the

16-24  form for income tax returns that he filed with the Internal Revenue

16-25  Service for the previous fiscal year, including:

16-26  (a) An unmarried child under 19 years of age;

16-27  [2.] (b) An unmarried child who is a full-time student under 24 years of

16-28  age and who is financially dependent upon the parent; or

16-29  [3.] (c) An unmarried child of any age who is medically certified as

16-30  disabled and dependent upon the parent[,

16-31  who the parent claimed as his dependent on the form for income tax returns

16-32  which he filed with the Internal Revenue Service for the previous fiscal

16-33  year.] ;

16-34  2.  Any child under 30 years of age whose annual income, at the time

16-35  of application by the policyholder, is at or below the federally designated

16-36  level signifying poverty; or

16-37  3.  Any parent of the policyholder or the spouse of that parent if, at

16-38  the time of application by the policyholder, the parent or spouse resides

16-39  with the policyholder and has an annual income at or below the federally

16-40  designated level signifying poverty.

16-41  Sec. 48.  NRS 695B.190 is hereby amended to read as follows:

16-42  695B.190  1.  Family hospital or family medical or dental service

16-43  contracts may be issued to a family consisting of an individual and one or

16-44  more persons dependent upon him, or of one or more persons dependent

16-45  upon an individual, and may include [his] :

16-46  (a) His spouse, whether or not dependent upon him[. Such contracts

16-47  shall contain] ;


17-1    (b) Any child under 30 years of age whose annual income, at the time

17-2  of application by the individual, is at or below the federally designated

17-3  level signifying poverty; and

17-4    (c) Any parent of the policyholder or the spouse of that parent if, at

17-5  the time of application by the individual, the parent or spouse resides

17-6  with the individual and has an annual income at or below the federally

17-7  designated level signifying poverty.

17-8    2.  A contract specified in subsection 1 must include a provision to the

17-9  effect that to the family originally covered may be added from time to time

17-10  all new members of the family group eligible for coverage and that the

17-11  head of the family shall give the corporation notice of the addition to the

17-12  family of any person eligible for coverage under the [contracts.] contract.

17-13  Sec. 49.  NRS 695C.030 is hereby amended to read as follows:

17-14  695C.030  As used in this chapter, unless the context otherwise

17-15  requires:

17-16  1.  “Comprehensive health care services” means medical services,

17-17  dentistry, drugs, psychiatric and optometric and all other care necessary for

17-18  the delivery of services to the consumer.

17-19  2.  “Enrollee” means a natural person who has been voluntarily

17-20  enrolled in a health care plan.

17-21  3.  “Evidence of coverage” means any certificate, agreement or contract

17-22  issued to an enrollee setting forth the coverage to which he is entitled.

17-23  4.  “Family member” includes, without limitation:

17-24  (a) Any child under 30 years of age whose annual income, at the time

17-25  of application for coverage by the enrollee, is at or below the federally

17-26  designated level signifying poverty; and

17-27  (b) Any parent of the enrollee or the spouse of that parent if, at the

17-28  time of application for coverage by the enrollee, the parent or spouse

17-29  resides with the enrollee and has an annual income at or below the

17-30  federally designated level signifying poverty.

17-31  5. “Health care plan” means any arrangement whereby any person

17-32  undertakes to provide, arrange for, pay for or reimburse any part of the cost

17-33  of any health care services and at least part of the arrangement consists of

17-34  arranging for or the provision of health care services paid for by or on

17-35  behalf of the enrollee on a periodic prepaid basis.

17-36  [5.] 6.  “Health care services” means any services included in the

17-37  furnishing to any natural person of medical or dental care or hospitalization

17-38  , or incident to the furnishing of such care or hospitalization, as well as the

17-39  furnishing to any person of any other services for the purpose of

17-40  preventing, alleviating, curing or healing human illness or injury.

17-41  [6.] 7.  “Health maintenance organization” means any person which

17-42  provides or arranges for provision of a health care service or services and is

17-43  responsible for the availability and accessibility of such service or services

17-44  to its enrollees, which services are paid for or on behalf of the enrollees on

17-45  a periodic prepaid basis without regard to the dates health services are

17-46  rendered and without regard to the extent of services actually furnished to

17-47  the enrollees, except that supplementing the fixed prepayments by nominal

17-48  additional payments for services in accordance with regulations adopted by

17-49  the commissioner shall not be deemed to render the arrangement not to be


18-1  on a prepaid basis. A health maintenance organization, in addition to

18-2  offering health care services, may offer indemnity or service benefits

18-3  provided through insurers or otherwise.

18-4    [7.] 8.  “Provider” means any physician, hospital or other person who

18-5  is licensed or otherwise authorized in this state to furnish health care

18-6  services.

18-7    Sec. 50.  NRS 695F.090 is hereby amended to read as follows:

18-8    695F.090  Prepaid limited health service organizations are subject to

18-9  the provisions of this chapter and to the following provisions, to the extent

18-10  reasonably applicable:

18-11  1.  NRS 687B.310 to 687B.420, inclusive, concerning cancellation and

18-12  nonrenewal of policies.

18-13  2.  NRS 687B.122 to 687B.128, inclusive, concerning readability of

18-14  policies.

18-15  3.  The requirements of NRS 679B.152.

18-16  4.  The fees imposed pursuant to NRS 449.465.

18-17  5.  NRS 686A.010 to 686A.310, inclusive, concerning trade practices

18-18  and frauds.

18-19  6.  The assessment imposed pursuant to subsection 3 of NRS

18-20  679B.158.

18-21  7.  Chapter 683A of NRS.

18-22  8.  [To the extent applicable, the] The provisions of NRS 689B.340 to

18-23  [689B.600,] 689B.590, inclusive, and chapter 689C of NRS relating to the

18-24  portability and availability of health insurance.

18-25  9.  Subsection 3 of NRS 689A.030 relating to the provision of

18-26  coverage to an eligible member of the family of a policyholder specified

18-27  in paragraph (c) or (d) of that subsection.

18-28  10.  NRS 689A.035, 689A.410 and 689A.413.

18-29  [10.] 11.  NRS 680B.025 to 680B.039, inclusive, concerning premium

18-30  tax, premium tax rate, annual report and estimated quarterly tax payments.

18-31  For the purposes of this subsection, unless the context otherwise requires

18-32  that a section apply only to insurers, any reference in those sections to

18-33  “insurer” must be replaced by a reference to “prepaid limited health service

18-34  organization.”

18-35  [11.] 12.  Chapter 692C of NRS, concerning holding companies.

18-36  Sec. 51.  The amendatory provisions of this act do not apply to

18-37  offenses committed before January 1, 2002.

18-38  Sec. 52.  This act becomes effective upon passage and approval for the

18-39  purpose of adopting regulations by the commissioner of insurance to
carry out the provisions of sections 2 to 44, inclusive, of this act and on

18-40  January 1, 2002, for all other purposes.

 

18-41  H