1. Except as otherwise provided in subsection 2, any two or more political subdivisions of this State, agencies of the State or the Nevada System of Higher Education may enter into a cooperative agreement for the purchase of insurance or the establishment of a self-insurance reserve or fund for coverage under a plan of:
(a) Casualty insurance, as that term is defined in NRS 681A.020;
(b) Marine and transportation insurance, as that term is defined in NRS 681A.050;
(c) Property insurance, as that term is defined in NRS 681A.060;
(d) Surety insurance, as that term is defined in NRS 681A.070;
(e) Health insurance, as that term is defined in NRS 681A.030; or
(f) Insurance for any combination of these kinds of protection.
2. Any political subdivision of the State, any agency of the State or the Nevada System of Higher Education which participates in the Public Employees’ Benefits Program shall obtain the approval of the Board of the Public Employees’ Benefits Program before it enters into a cooperative agreement for the purchase of health insurance pursuant to paragraph (e) of subsection 1.
3. Any such agreement may obligate the respective parties to pledge revenues or contribute money to secure the obligations or pay the expenses of the cooperative undertaking and may provide for the establishment of a separate entity to administer the undertaking.
(Added to NRS by 1987, 1678; A 1993, 371; 1995, 2508; 1999, 3040)
Structure Nevada Revised Statutes
Chapter 277 - Cooperative Agreements: State, Counties, Cities, Districts and Other Public Agencies
NRS 277.050 - Sale, exchange or lease of real property by public agency: Conditions; procedure.
NRS 277.069 - Cooperative agreements concerning insurance: Powers and obligations of parties.
NRS 277.071 - "Borrowing local government" defined.
NRS 277.0715 - "Facility" defined.
NRS 277.072 - "Finance" defined.
NRS 277.0725 - "Issuer" defined.
NRS 277.073 - "Local government" defined.
NRS 277.0735 - "Revenue securities" defined.
NRS 277.0745 - Issuance and repayment of revenue securities.
NRS 277.075 - Prerequisites to borrowing from issuer or becoming obligated for facility.
NRS 277.0755 - Application of Local Government Securities Law.
NRS 277.103 - Consolidation of governmental services; supplementary and prevailing provisions.
NRS 277.150 - Approval of certain agreements by state officer or agency.
NRS 277.160 - Agreement as interstate compact; liability of state; actions.
NRS 277.180 - Interlocal contracts.
NRS 277.184 - "Local government" defined.
NRS 277.1855 - "Plan" defined.
NRS 277.186 - "State agency" defined.
NRS 277.190 - Enactment of Tahoe Regional Planning Compact.
NRS 277.207 - Priority for hearings in judicial actions and proceedings.
NRS 277.210 - Conflict of interest of member of governing body; penalties.