NAC 683A.103

Interpretation of terms used in definition of “administrator.”

Last amended: 2000Year: 2026Length: 96 wordsOfficial source

Cite as Nev. Admin. Code Sec. 683A.103

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, Ê 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.