Maintenance of records; examination of records by Commissioner. Every insurer, advisory organization and plan for apportioned risks shall maintain records of the kind reasonably adapted to its method of operation and reflecting its experience or the experience of its members and the data or other information collected or used by it. The Commissioner may examine those records at any reasonable time to determine whether the activities of the insurer, advisory organization or plan for apportioned risks comply with the provisions of this chapter and chapters 616A to 617, inclusive, of NRS. These records must be maintained in an office in this state or must be made available to the Commissioner for his examination or inspection at any time after reasonable notice to the insurer, advisory organization or plan for apportioned risks.
Last modified: February 27, 2006