NRS 616B.437 – Judicial review of Commissioner’s decision.
Any association of self-insured public or private employers that is aggrieved by a decision of the Commissioner may petition for judicial review in the manner provided by chapter 233B of NRS. (Added to NRS by 1993, 679)—(Substituted in revision for NRS 616.37987)
NRS 616B.440 – Insolvency; termination of liability on surety bond; effect of termination of surety bond.
1. For the purposes of NRS 616B.350 to 616B.446, inclusive, an association of self-insured public or private employers is insolvent if it is unable to pay its outstanding obligations as they mature in the regular course of its business. 2. If an association of self-insured public or private employers becomes insolvent, institutes any voluntary proceeding […]
NRS 616B.398 – Commissioner is attorney-in-fact of association for receipt of initial legal process.
An association of self-insured public or private employers shall be deemed to have appointed the Commissioner as its attorney-in-fact to receive any initial legal process authorized by law to be served upon the association for as long as the association is obligated to pay any compensation under chapters 616A to 616D, inclusive, or chapter 617 […]
NRS 616B.401 – Merger of associations.
1. An association of self-insured public employers may merge with another association of self-insured public employers if: (a) The resulting association assumes in full all obligations of the merging associations; and (b) The merger is approved by the Commissioner. 2. An association of self-insured private employers may merge with another association of self-insured private employers […]
NRS 616B.404 – Statement of financial condition: Filing dates; contents; form; additional reports.
1. An association of self-insured public or private employers shall file with the Commissioner an audited statement of financial condition prepared by an independent certified public accountant. The statement must be filed on or before May 1 of each year or within 120 days after the conclusion of the association’s fiscal year and must contain […]
NRS 616B.407 – Calculation of annual assessment paid by each member of association.
1. Except as otherwise provided in subsection 2, the annual assessment required to be paid by each member of an association of self-insured public or private employers must be: (a) Calculated by a rate service organization that is licensed pursuant to chapter 686B of NRS; and (b) Based on the premium rate for the standard […]
NRS 616B.410 – Annual audits; objection to assignment of standard industrial classification.
1. The Commissioner shall cause to be conducted at least annually an audit of each association of self-insured public or private employers in order to verify: (a) The standard industrial classification of each member of the association; (b) The individual experience of each member of the association; (c) The payroll of each member of the […]
NRS 616B.383 – Advertisements or written materials to join association of self-insured public or private employers; solicitor to provide to Commissioner upon request copy of document relating to solicitation.
1. Any advertising or written material that solicits employers to join an association of self-insured public or private employers must contain the permit number of the solicitor. 2. A solicitor shall provide to the Commissioner upon request a copy of any document relating to a solicitation which was prepared after the solicitor filed his or […]
NRS 616B.386 – Membership in association: Application; eligibility; authority of association to determine eligibility; termination by member; cancellation by association; information to be provided to Commissioner; provision of compensation after membership has ceased.
1. If an employer wishes to become a member of an association of self-insured public or private employers, the employer must: (a) Submit an application for membership to the board of trustees or third-party administrator of the association; and (b) Enter into an indemnity agreement as required by NRS 616B.353. 2. The membership of the […]
NRS 616B.388 – Provision of member information upon request.
If a member of an association of self-insured public or private employers requests, in writing, information required for the member’s certificate of insurance, the association shall, within 30 days after receiving the request, provide to the member information regarding claims paid and reserves for claims incurred that are maintained on behalf of the member. (Added […]