Nevada Revised Statutes 689C.500 – Registration: Requirements; application
1. An organization seeking to be registered as a voluntary purchasing group:
Terms Used In Nevada Revised Statutes 689C.500
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Service of process: The service of writs or summonses to the appropriate party.
(a) Must be incorporated as a Nevada corporation not for profit for the purpose of securing health benefits for its members and their eligible employees and dependents;
(b) Shall file articles of incorporation with the Secretary of State and provide a copy of the articles to the Commissioner in such a form as the Commissioner may require; and
(c) Must apply to the Commissioner for and obtain a certificate of registration to operate as a voluntary purchasing group.
2. The contents of the application must be established by the Commissioner and include at least:
(a) The name of the voluntary purchasing group and any agent for service of process;
(b) Provisions to govern the business and affairs of the group, including the management and organizational structure;
(c) An affidavit by an officer of the organization that the group is in compliance with the requirements of NRS 689C.490 to 689C.600, inclusive; and
(d) The names of managing personnel of the voluntary purchasing group.