Current through November 8, 2024
Section 616B.475 - Reserve Account to Protect Against Insolvency: Creation; initial assessment1. The Commissioner hereby establishes the Reserve Account to Protect Against the Insolvency of Self-Insured Employers.2. As a condition of certification, each self-insured employer will be initially assessed 0.5 percent of their expected annual expenditures for claims for deposit in the Reserve Account.Nev. Admin. Code § 616B.475
Comm'r of Insurance, PC-25 § 29, eff. 8-6-80-NAC A 7-2-84-Substituted in revision for NAC 616.196