{"data":{"id":"us-nv/nrs-695b.165","jurisdiction":"us-nv","citation":"NRS 695B.165","heading":"Annual statement required to include report of net worth.","body":"A corporation which has been issued a certificate of authority pursuant to this chapter shall maintain and report on its statement filed with the Commissioner pursuant to NRS 695B.160 a net worth in an amount which is not less than the greater of:\n1. One million five hundred thousand dollars;\n2. Two percent of the first $150,000,000 earned as revenue from premiums collected in the preceding 12-month period, plus 1 percent of the amount in excess of $150,000,000 earned as revenue from premiums collected in that same period; or\n3. The amount of risk-based capital required by regulations adopted by the Commissioner pursuant to NRS 681B.550.","path":["TITLE 57 — INSURANCE","CHAPTER 695B - NONPROFIT CORPORATIONS FOR HOSPITAL, MEDICAL AND DENTAL SERVICE","CERTIFICATE OF AUTHORITY; REGULATION"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-695B.html#NRS695BSec165","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:46Z","sha256":"8e547ddb2c71995286a19ead8ce4365e8e9afd347a2c539e100930ff81af66c3","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-695b.160","next":"us-nv/nrs-695b.170"},"notice":"GroundRules: Original legal text. Not legal advice."}
