Nevada § 616B.309 Assessment of self-insured employers to provide for claims against insolvent employers; Account for Insolvent Self-Insured Employers

Nevada Statutes

§ 616B.309 — Assessment of self-insured employers to provide for claims against insolvent employers; Account for Insolvent Self-Insured Employers

Nevada § 616B.309

Title 53LABOR AND INDUSTRIAL RELATIONS

Ch. 616BIndustrial

SELF-INSURED EMPLOYERS

This text of Nevada § 616B.309 (Assessment of self-insured employers to provide for claims against insolvent employers; Account for Insolvent Self-Insured Employers) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 616B.309 (2026).

Text

1.The Commissioner may assess all self-insured employers to provide for claims against any insolvent self-insured employer.

2.All money received from such assessments must be deposited with the State Treasurer to the credit of the Account for Insolvent Self-Insured Employers, which is hereby created in the Fund for Workers’ Compensation and Safety. Money in the Account must be used solely to carry out the provisions of this section. All claims against the Account must be paid as other claims against the State are paid. The State Treasurer shall invest money in the account in the same manner and in the same securities in which the State Treasurer may invest money of the State General Fund. Income realized from the investment of the assets in the Account must be credited to the Account.

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1. The Commissioner may assess all self-insured employers to provide for claims against any insolvent self-insured employer.
2. All money received from such assessments must be deposited with the State Treasurer to the credit of the Account for Insolvent Self-Insured Employers, which is hereby created in the Fund for Workers’ Compensation and Safety. Money in the Account must be used solely to carry out the provisions of this section. All claims against the Account must be paid as other claims against the State are paid. The State Treasurer shall invest money in the account in the same manner and in the same securities in which the State Treasurer may invest money of the State General Fund. Income realized from the investment of the assets in the Account must be credited to the Account.