As used in this chapter, unless the context otherwise requires, the words and terms defined in NRS 695A.003 to 695A.044, inclusive, have the meanings ascribed to them in those sections. (Added to NRS by 1991, 221; A 1995, 2432)
“Benefit contract” means an agreement for the provision of any contractual benefit authorized by NRS 695A.180. (Added to NRS by 1991, 221)
“Benefit member” means a member of a society who is an adult and who is designated by the laws or rules of the society to be a benefit member under a benefit contract. (Added to NRS by 1991, 221)
“Certificate” means the document issued as written evidence of the benefit contract. (Added to NRS by 1991, 221)
“Fraternal benefit society” means any incorporated society, order or supreme lodge, without capital stock, including one exempted under the provisions of paragraph (b) of subsection 1 of NRS 695A.570 whether incorporated or not, which: 1. Is conducted solely for the benefit of its members and their beneficiaries and not for profit; 2. Operates on a […]
“Insurer” includes every person engaged as principal and as indemnitor, surety or contractor in the business of entering into contracts of insurance. (Added to NRS by 1991, 221)
“Laws” means the articles of incorporation, charter, constitution and bylaws of the society. (Added to NRS by 1991, 221)
“Lodge” means a subordinate unit of a society, and includes a camp, court, council, branch or any similar entity by whatever name designated. (Added to NRS by 1991, 221)
“Lodge system” means the system under which a society is operating if: 1. The society has a supreme governing body and subordinate lodges into which members are elected, initiated or admitted in accordance with its laws, ritual and rules; and 2. The subordinate lodges are required by the laws of the society to hold regular […]
“Medicaid” means a program established in any state pursuant to Title XIX of the Social Security Act (42 U.S.C. §§ 1396 et seq.) to provide assistance for part or all of the cost of medical care rendered on behalf of indigent persons. (Added to NRS by 1995, 2431)
“Order for medical coverage” means an order of a court or administrative tribunal to provide coverage under a certificate for health benefits to a child pursuant to the provisions of 42 U.S.C. § 1396g-1. (Added to NRS by 1995, 2431)
“Premiums” means premiums, rates, dues or other required contributions by whatever name known, which are payable under the certificate. (Added to NRS by 1971, 1835; A 1991, 223)
“Representative form of government” means that form of government which a society has when: 1. It has a supreme governing body which is: (a) An assembly composed of delegates elected either directly by the members of the society or at intermediate assemblies or conventions of members or their representatives, and such other delegates as prescribed […]
“Rules” includes all rules, regulations and resolutions adopted by the supreme governing body or board of directors of a society and which generally apply to the members of the society. (Added to NRS by 1991, 221)
“Society” means a fraternal benefit society. (Added to NRS by 1991, 221)
Ten or more citizens of the United States, a majority of whom are citizens of this state, who desire to form a fraternal benefit society, may make, sign and acknowledge before some person competent to take acknowledgment of deeds, articles of incorporation, in which must be stated: 1. The proposed corporate name of the society, […]
1. Duly certified copies of the laws and rules of the society, copies of all proposed forms of certificates, applications therefor, circulars to be issued by the society and a bond conditioned upon the return to applicants of the advanced payments if the organization is not completed within 1 year must be filed with the […]
1. Upon receipt of a preliminary certificate of authority from the Commissioner, the society: (a) May solicit members for the purpose of completing its organization; (b) Shall collect from each applicant the amount of not less than one regular monthly premium in accordance with its table of rates; and (c) Shall issue to each applicant […]
1. The Commissioner may make such examination and require such further information as the Commissioner deems advisable. Upon presentation of satisfactory evidence that the society has complied with all applicable provisions of law, the Commissioner shall issue to the society a certificate of authority indicating that the society may transact business pursuant to the provisions […]
A society shall operate for the benefit of its members and their beneficiaries by providing benefits as specified in NRS 695A.180 and may: 1. Operate for any lawful social, intellectual, educational, charitable, benevolent, moral, fraternal, patriotic or religious purpose. 2. Carry out its purposes directly or through subsidiary corporations or affiliated organizations. 3. Create, maintain […]
