NAC439B.530. “Financial interest” defined.

     1. Except as otherwise provided in paragraph (f) of subsection 2 of NRS 439B.425, “financial interest” means an ownership or other interest:

     (a) That provides compensation based, in whole or in part, upon the volume or value of goods or services provided as a result of referrals; and

     (b) Which a practitioner or a person related to the practitioner within two degrees of consanguinity or affinity:

          (1) Owns, in whole or in part; or

          (2) Holds as a beneficiary of a trust.

     2. The term includes, but is not limited to:

     (a) A financial kickback, referral fee or finder’s fee.

     (b) An income-sharing agreement, debt instrument, or lease or rental agreement that provides compensation based, in whole or in part, upon the volume or value of the goods or services provided as a result of referrals.

     (Added to NAC by Dep’t of Human Resources, eff. 3-9-94)