Nevada Administrative Code
Chapter 695D - Organizations for Dental Care
FINANCES
Section 695D.260 - Filing of periodic reports and financial statements
Current through September 16, 2024
1. As a condition of doing business in this State, each organization must submit to the Commissioner an annual report required by NRS 695D.260 that:
2. Information from the annual report of the organization must be filed:
3. If a foreign or alien organization files a report in an electronic format with the National Association of Insurance Commissioners, that report will be deemed to have been filed with the Commissioner if:
4. An annual report required by NRS 695D.260 to be filed with the Commissioner by an organization must be on the current version of the Annual and Quarterly Statement Blanks for Health adopted by the National Association of Insurance Commissioners, which has been adopted by reference in NAC 679B.033. Each organization shall, in preparing the report, follow the Annual and Quarterly Statement Instructions for Health adopted by the National Association of Insurance Commissioners, which accompanies the Annual and Quarterly Statement Blanks for Health.
5. If necessary to determine the financial condition of a foreign or alien organization or the fulfillment of contractual obligations or compliance with law by a foreign or alien organization, the Commissioner may require the foreign or alien organization to file a financial report more frequently than annually. Such a report must be:
6. Each domestic organization shall file a quarterly report with the Commissioner. A quarterly report must be:
7. The audited financial statement of the organization filed pursuant to subsection 3 of NRS 695D.260 is a separate document from the annual statement required to be filed pursuant to paragraph (a) of subsection 2 of NRS 695D.260. Each organization filing the audited financial statement shall follow the Annual and Quarterly Statement Instructions for Health adopted by the National Association of Insurance Commissioners. Consolidated statements for organizations that are members of an insurance holding company are not acceptable.
8. The Commissioner will, if appropriate, take disciplinary action pursuant to NRS 695D.300 against an organization which fails to file its annual financial reports or statements on the prescribed forms, in the prescribed format or by the prescribed date.
9. The Commissioner may grant a reasonable extension of time for filing the annual report or the audited financial statement required by NRS 695D.260 if the request for an extension is submitted in writing and in advance and shows good cause.
10. As used in this section, "jurat page" means a written declaration by a notarial officer that the signer of a document signed the document in the presence of the notarial officer and swore to or affirmed that the statements in the document are true.
Added to NAC by Comm'r of Insurance, eff. 12-2-88; A 12-9-91; R249-03, 11-12-2004; A by R089-17AP, eff. 5/16/2018
NRS 679B.130, 695D.100, 695D.260