{"data":{"id":"us-nv/nrs-695c.215","jurisdiction":"us-nv","citation":"NRS 695C.215","heading":"Financial statement required to include report of net worth.","body":"A health maintenance organization which has been issued a certificate of authority pursuant to this chapter shall maintain and report on each financial statement filed with the Commissioner pursuant to NRS 695C.210 a net worth in an amount which is not less than the greatest 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 695C - HEALTH MAINTENANCE ORGANIZATIONS","MISCELLANEOUS PROVISIONS"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-695C.html#NRS695CSec215","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:46Z","sha256":"d8c7ae64db5ff212c7f6854ad97e08f563fe13254be4fa3495e0429e9c98bea9","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-695c.210","next":"us-nv/nrs-695c.220"},"notice":"GroundRules: Original legal text. Not legal advice."}
