Nev. Admin. Code § 616B.731 - Statement of assessment; additional assessments; payment

Current through August 4, 2021

1. The Division will issue to each insurer a statement of his or her estimated annual assessment. The statement must include the date on which the entire amount is due, or, if the insurer elects to pay the assessment in quarterly payments, the amounts and dates on which the payments are due. The Division shall send the statement by mail not less than 30 days before the date on which payment is due.
2. The Division shall not require a quarterly payment more than 30 days before the first day of that quarterly period.
3. Additional assessments to preserve the solvency of:
(a) The Fund for Workers' Compensation and Safety;
(b) The Uninsured Employers' Claim Account; and
(c) The Subsequent Injury Accounts,

may be issued by the Division.

4. An insurer shall pay the assessment in full to the Division pursuant to the date established in subsection 1 or pay the quarterly assessment amounts pursuant to the dates established in subsection 1.

Notes

Nev. Admin. Code § 616B.731
Added to NAC by Dep't of Industrial Relations, eff. 8-26-83; A 7-29-87; A by Div. of Industrial Relations by R112-98, 12-18-98

NRS 232.680, 616A.400

The following state regulations pages link to this page.



State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.