Current through November 8, 2024
Section 616B.7734 - "Annual expenditures for claims of an association" defined"Annual expenditures for claims of an association" means the aggregate sum of:
1. All money the association paid for compensation in a fiscal year pursuant to chapters 616A to 617, inclusive, of NRS reduced by any money received by the association in that fiscal year from:(b) Reimbursement from the Account; (c) Reimbursement for increases in compensation for a permanent total disability pursuant to NRS 616C.266; and(d) Reimbursement from the Fund for Workers' Compensation and Safety for increases in death benefits pursuant to NRS 616C.268.2. Any money the successor organization to the State Industrial Insurance System paid for compensation in that fiscal year pursuant to chapters 616A to 617, inclusive, of NRS on behalf of a public or private employer who is a member of the association if the money was paid by the successor organization to the State Industrial Insurance System for claims that were incurred before the public or private employer became a member of the association.Nev. Admin. Code § 616B.7734
Added to NAC by Bd. for Admin. of Subsequent Injury Fund for Ass'ns of Self-Insured Pub. or Private Employers by R216-97, eff. 8-19-99; A by R134-20A, eff. 9/20/2022; Added to NAC by Div. of Industrial Relations by R134-20RA, eff. 12/19/2022