Nevada Revised Statutes 695D.120 – Certificate of authority: Application
Each application for a certificate of authority must be filed with the Commissioner on a form prescribed by the Commissioner, must be verified by an officer or authorized representative of the organization for dental care and must include:
Terms Used In Nevada Revised Statutes 695D.120
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Contract: A legal written agreement that becomes binding when signed.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
- Service of process: The service of writs or summonses to the appropriate party.
1. A copy of any organizational document for the organization and all amendments to that document.
2. A copy of any bylaws, rules or regulations governing the internal affairs of the organization.
3. A list of the names, addresses and official positions of the persons responsible for operating the organization, including the members of the board of directors, board of trustees, executive committee, principal officers or partners.
4. A copy of the contracts made or proposed to be made between the applicant and those persons listed in subsection 3 and the dentists.
5. A statement describing the applicant’s plan for dental care, its facilities and personnel.
6. A copy of the policy to be issued to its members.
7. A copy of any contract for groups to be issued to employers, unions, trustees or other organizations.
8. Certified financial statements showing the applicant’s assets, liabilities and sources of support. A copy of the applicant’s most recent certified financial statement satisfies this requirement unless the Commissioner requests additional information from the applicant.
9. A description of the method to be used to market the plan for dental care, including a financial statement, a projection for the initial 5 years of operation of the plan and a statement of the sources of capital for the organization.
10. A power of attorney executed by the applicant or its officers, which appoints the Commissioner as the attorney for the applicant upon whom service of process may be made in this State.
11. A statement describing the geographic area or areas to be served by the applicant.
12. A statement indicating that all the dentists for the plan are licensed pursuant to chapter 631 of NRS.
13. Any other information requested by the Commissioner.