NAC695C.127. Licensure in another state: Application for this State; copy of license; notice of disciplinary action.

     1. Any applicant for a certificate of authority who is licensed to operate an organization in another state or whose affiliate or subsidiary is so licensed shall include in its application a copy of that license and, if available, a certificate of good standing from that state’s agency which regulates organizations.

     2. Any organization already authorized in this State who obtains a license as an organization in another state or whose affiliate or subsidiary obtains such a license shall furnish a copy of that license to the Commissioner within 30 days after receipt of the license.

     3. An organization also licensed in another state shall notify the Division of any disciplinary action taken by that state and file copies of all documents relating to that action with the Division within 10 days after receipt of the documents by the organization.

     (Added to NAC by Comm’r of Insurance, eff. 6-11-86; A 5-27-92; R148-99, 1-27-2000)