Groups Formed for the Purpose of Procuring Insurance

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Nevada Division of Insurance Bulletins › Groups Formed for the Purpose of Procuring Insurance

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

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Bulletin 01-003 April 30, 2001

GROUPS FORMED FOR THE PURPOSE OF PROCURING INSURANCE

NAC 689B.020 to 689B.090, inclusive, and NAC 688B.010 establish the filing

procedures for health and life products to be marketed in Nevada through discretionary

groups. Discretionary groups are those groups that are formed for the purpose of

procuring insurance.

NAC 679B.036 defines a group organized for purposes other than the

procurement of insurance. If the group does not fit one of the exceptions in NAC

679B.036, then the group is considered to be a discretionary group.

NAC 689B.030 provides the filing requirements for discretionary groups. Each

filing must include the certification in the LH 100 form, Attachment A of the LH 100

form, and the information listed in NAC 689B.020.

____________________________________

ALICE A. MOLASKY-ARMAN

Commissioner of Insurance

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This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.