# NV Bulletin 01-003: Groups Formed for the Purpose of Procuring Insurance

> Nevada · Agency guidance · In force

URL: https://www.frixlaw.com/law-library/statutes/NV_INS_B_01_003

## Section

- **Citation:** NV Bulletin 01-003
- **Heading:** Groups Formed for the Purpose of Procuring Insurance
- **Jurisdiction:** Nevada
- **Kind:** Agency guidance
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Nevada Division of Insurance Bulletins / Groups Formed for the Purpose of Procuring Insurance

## Text

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

H:\dept\bulletin\01-003

## Nearby sections

- [NV Bulletin 00-001 Workers' Compensation Appeals Panel](https://www.frixlaw.com/law-library/statutes/NV_INS_B_00_001.md)
- [NV Bulletin 00-002 Workers' Compensation Issues](https://www.frixlaw.com/law-library/statutes/NV_INS_B_00_002.md)
- [NV Bulletin 00-003 Workers' Compensation Deductible Programs](https://www.frixlaw.com/law-library/statutes/NV_INS_B_00_003.md)
- [NV Bulletin 00-004 Balance Billing by Contracted Providers](https://www.frixlaw.com/law-library/statutes/NV_INS_B_00_004.md)
- [NV Bulletin 01-002 Unlawful Rebates in the Sale of Life or Health Insurance](https://www.frixlaw.com/law-library/statutes/NV_INS_B_01_002.md)
- [NV Bulletin 01-003 Groups Formed for the Purpose of Procuring Insurance](https://www.frixlaw.com/law-library/statutes/NV_INS_B_01_003.md)
- [NV Bulletin 01-004 Credit Insurance](https://www.frixlaw.com/law-library/statutes/NV_INS_B_01_004.md)
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- [NV Bulletin 01-007 Accounting for Health Care Receivables Reporting Receivables on the Quarterly Statements](https://www.frixlaw.com/law-library/statutes/NV_INS_B_01_007.md)
- [NV Bulletin 01-009 Violent Crime Control and Law Enforcement Act of 1994](https://www.frixlaw.com/law-library/statutes/NV_INS_B_01_009.md)
- [NV Bulletin 01-010 Executive Order Blocking Property and Prohibiting Transactions with Persons who Permit, Threaten to Commit, or Support Terrorism](https://www.frixlaw.com/law-library/statutes/NV_INS_B_01_010.md)
- [NV Bulletin 02-000 Voluntary Expedited Filing Procedures for Compliance with the Provision of the Terrorism Risk Insurance Act of 2002](https://www.frixlaw.com/law-library/statutes/NV_INS_B_02_000.md)
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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/NV_INS_B_01_003. Check the current official text before relying on it. Not legal advice.