A corporation shall not establish, maintain or operate a nonprofit service plan as authorized by the provisions of this chapter unless it has:

1. 1. Procured a certificate of authority from the Commissioner for the establishment, maintenance and operation of the plan.

2. 2. Paid to the Commissioner the fees required of insurers by NRS 680B.010 for:

   1. (a) The filing of the initial application;
   2. (b) The issuance of the certificate of authority;
   3. (c) Each annual continuation of the certificate of authority; and
   4. (d) The filing of each annual report.
3. 3. Paid, in addition to any other fee or charge, all applicable fees required pursuant to NRS 680C.110.

(Added to NRS by 1971, 1866; A 1987, 468; 2009, 1815)