{"data":{"id":"us-nv/nrs-695d.153","jurisdiction":"us-nv","citation":"NRS 695D.153","heading":"Capital account: Minimum amount; requirements.","body":"1. Each organization for dental care which receives a certificate of authority shall maintain a capital account with a net worth of not less than $500,000 unless a lesser amount is permitted in writing by the Commissioner.\n2. An organization for dental care which has been issued a certificate of authority pursuant to this chapter shall maintain a capital account with a net worth in an amount which is not less than the greater of:\n(a) The amount of risk-based capital required by regulations adopted by the Commissioner pursuant to NRS 681B.550; or\n(b) The following applicable amount, according to the number of members in the organization:\nNumber of members Net worth\nLess than 2,500............................................................................................... $50,000\nAt least 2,500 but not more than 5,000......................................................... 75,000\nMore than 5,000.............................................................................................. 125,000\n3. The account must not be obligated for any accrued liabilities and must consist of cash, securities or a combination thereof which is acceptable to the Commissioner.","path":["TITLE 57 — INSURANCE","CHAPTER 695D - PLANS FOR DENTAL CARE"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-695D.html#NRS695DSec153","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:46Z","sha256":"c6883fb26e4ec155874a5d424b9bf36cc5e5042cd58591d8419ab27596ab694d","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-695d.150","next":"us-nv/nrs-695d.157"},"notice":"GroundRules: Original legal text. Not legal advice."}