Nevada Revised Statutes 695B.259 – Continuation of identical coverage in lieu of converted contract
Current as of: 2023 | Check for updates
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The medical service corporation may continue coverage identical to that provided under the group contract instead of issuing a converted contract. Coverage may be offered by amending the group certificate or by issuing an individual contract and must otherwise comply with every requirement of NRS 695B.251 to 695B.259, inclusive.
Terms Used In Nevada Revised Statutes 695B.259
- Contract: A legal written agreement that becomes binding when signed.
- 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.