695D.180 - Bond payable to State; cancellation.
695D.180 Bond payable to State; cancellation.
1. A bond by any organization for dental care or its officers under this chapter must be payable to the State of Nevada and must be conditioned on compliance with the provisions of this chapter. The surety shall pay all damages to any person by reason of any misstatement, misrepresentation, fraud or deceit, or any wrongful act or omission of any person or organization made, committed or omitted in the plan for dental care or caused by any other violation of the provisions of this chapter.
2. The organization must give notice to the Commissioner at least 90 days before such a bond may be cancelled.
(Added to NRS by 1983, 2024)