Nev. Admin. Code § 616B.734 - Calculation of final assessment; issuance of statement of assessment

Current through August 4, 2021

1. The Division will determine, on the basis of reports issued by the State Controller for the previous fiscal year relating to closing budgets and final trial balances, the amount of money disbursed from and deposited in:
(a) The Fund for Workers' Compensation and Safety;
(b) The Uninsured Employers' Claim Account; and
(c) The Subsequent Injury Accounts for Self-Insured Employers and Private Carriers.
2. Except as otherwise provided in NAC 616B.7767, the Division will calculate, in the same manner as for estimated annual assessments, the final annual assessment for each insurer for the previous fiscal year and will use:
(a) The insurer's statements relating to annual expenditures for claims for the previous fiscal year submitted pursuant to NAC 616B.713; and
(b) The determinations made pursuant to subsection 1.

The Division will issue to the insurer a statement of the final assessment.

Notes

Nev. Admin. Code § 616B.734
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; R112-98, 12-18-98, eff. 7-1-99; R096-99, 11-29-99

NRS 232.680, 616A.400

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