Nevada Revised Statutes 695G.140 – Certain persons in managed care organization in fiduciary relationship to insured
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Any person who receives, collects, disburses or invests money for a managed care organization is responsible for such money in a fiduciary relationship to the insured.
Terms Used In Nevada Revised Statutes 695G.140
- Fiduciary: A trustee, executor, or administrator.
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039