Nevada Statutes

§ 31A.017 — “Lump sum payment” defined

Nevada·Title 3 REMEDIES; SPECIAL ACTIONS AND PROCEEDINGS·Ch. 31A Enforcement· GENERAL PROVISIONS

“Lump sum payment” means:

1.A commission;
2.A discretionary or nondiscretionary bonus;
3.A productivity or performance bonus;
4.Profit sharing;
5.A referral or sign-on bonus;
6.An incentive payment for moving or relocation;
7.An attendance award;
8.A safety award;
9.A cash payment award;
10.Termination pay;
11.Severance pay; and
12.Any other one-time, unscheduled or irregular payment of compensation.

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Legislative History

(Added to NRS by 2021, 2277 )

Nearby Sections

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