Nevada Administrative Code
Chapter 683A - Persons Involved in Sale or Administration of Insurance
ADMINISTRATORS
Section 683A.103 - Interpretation of terms used in definition of "administrator
Universal Citation: NV Admin Code 683A.103
Current through September 16, 2024
1. For the purposes of subsection 1 of NRS 683A.025, the "adjustment or settlement of claims" includes, but is not limited to:
(a)
Investigating or examining claims; or
(b) Receiving, disbursing, handling or
otherwise being responsible for the claim funds, of an insurance company,
internal service fund, program of self-insurance, or other entity which is an
administrator pursuant to
NRS
683A.025.
2. The exemption from the definition of "administrator" provided by paragraph (d) of subsection 2 of NRS 683A.025 does not apply to any separate subsidiary or affiliated corporation of an insurance company.
Added to NAC by Comm'r of Insurance, eff. 11-21-88; A 12-15-94; R152-99, 1-28-2000
NRS 679B.130, 683A.025
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