NRS 689C.550
Collection of premiums

  • trust account for deposit of premiums.

A voluntary purchasing group shall offer to collect premiums for contracts offered through the purchasing group and maintain a trust account for the deposit of premiums collected to be paid to carriers for coverage offered through the purchasing group. A voluntary purchasing group is a fiduciary with respect to any premiums so collected.

Source: Section 689C.550 — Collection of premiums; trust account for deposit of premiums., https://www.­leg.­state.­nv.­us/NRS/NRS-689C.­html#NRS689CSec550.

Last Updated

Feb. 5, 2021

§ 689C.550’s source at nv​.us