Nev. Admin. Code § 689C.380

Current through November 8, 2024

Section 689C.380 - Provisions of contract with participating carrier: Payment of premiums

Each contract between a voluntary purchasing group and a participating carrier must include a provision which sets forth:

1. A statement of how the premiums are to be paid;

2. The grace period after the date the payment of premiums becomes due; and

3. The specific penalties for late payment.

Nev. Admin. Code § 689C.380

Added to NAC by Comm'r of Insurance, eff. 3-5-96

NRS 679B.130, 689C.600