Nevada § 695C.130 Notice and approval required for exercise of powers; rules or regulations

Nevada Statutes

§ 695C.130 — Notice and approval required for exercise of powers; rules or regulations

Nevada § 695C.130

Title 57INSURANCE

Ch. 695CHealth

GENERAL PROVISIONS

This text of Nevada § 695C.130 (Notice and approval required for exercise of powers; rules or regulations) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 695C.130 (2026).

Text

1.A health maintenance organization shall file notice, with adequate supporting information, with the Commissioner prior to the exercise of any power granted in subsections 1 and 2 of NRS 695C.120 . The Commissioner shall disapprove such exercise of power if in the opinion of the Commissioner it would substantially and adversely affect the financial soundness of the health maintenance organization and endanger its ability to meet its obligations. If the Commissioner does not disapprove within 60 days of the filing, it is deemed approved.

2.The Commissioner may promulgate rules or regulations.

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1. A health maintenance organization shall file notice, with adequate supporting information, with the Commissioner prior to the exercise of any power granted in subsections 1 and 2 of NRS 695C.120 . The Commissioner shall disapprove such exercise of power if in the opinion of the Commissioner it would substantially and adversely affect the financial soundness of the health maintenance organization and endanger its ability to meet its obligations. If the Commissioner does not disapprove within 60 days of the filing, it is deemed approved.
2. The Commissioner may promulgate rules or regulations.