Nev. Admin. Code § 683A.103 - Interpretation of terms used in definition of "administrator

1. For the purposes of subsection 1 of NRS 683A.025, the "adjustment or settlement of claims" includes, but is not limited to:

(a) Investigating or examining claims; or

(b) Receiving, disbursing, handling or otherwise being responsible for the claim funds, of an insurance company, internal service fund, program of self-insurance, or other entity which is an administrator pursuant to NRS 683A.025.

2. The exemption from the definition of "administrator" provided by paragraph (d) of subsection 2 of NRS 683A.025 does not apply to any separate subsidiary or affiliated corporation of an insurance company.

Notes

Nev. Admin. Code § 683A.103

Added to NAC by Comm'r of Insurance, eff. 11-21-88; A 12-15-94; R152-99, 1-28-2000

NRS 679B.130, 683A.025